Holcim shareholder Harris Associates supports Lafarge merger
Harris Associates, a US-based shareholder in Swiss cement group Holcim, has confirmed its support for the merger of Holcim and France-based Lafarge, Tagesanzeiger reported. The Swiss daily cited a Harris Associates spokesperson who said that it would vote in favour of the merger. Harris Associates owns a 6% stake in Holcim.
Holcim shareholders are due to vote on the merger on Friday. Two other large Holcim shareholders, Thomas Schmidheiny and Filaret Galchev, have come out backing the deal, the report stated.
The original article appeared in print: Page 36
Source Tagesanzeiger