Holcim’s Fourth-Biggest Holder Hasn’t Decided on Voting Yet: FuW
2015-03-27 10:56:50.507 GMT
By Jan-Henrik Förster
(Bloomberg) -- Harris Associates’ David Herro says new
merger terms between Holcim, Lafarge are an “enormous step
forward” though not perfect, according to interview in Finanz
und Wirtschaft.
* As long as CEO succession hasn’t been resolved, Harris
Associates won’t decide on vote
* Says co’s need to solve question as soon as possible
* Says CEO needs operational experience, experience w/
integration of acquisitions
* NOTE: Link to interview (German)
* NOTE: Lafarge-Holcim Merger Logic Questioned by Shareholder
Group
* NOTE: Harris Associates holds 3.19% in Holcim according to
Bloomberg data
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editors responsible for this story:
Jan Schwalbe at +41-44-224-4106 or
jschwalbe6@bloomberg.net
Paul Verschuur
2015-03-27 10:56:50.507 GMT
By Jan-Henrik Förster
(Bloomberg) -- Harris Associates’ David Herro says new
merger terms between Holcim, Lafarge are an “enormous step
forward” though not perfect, according to interview in Finanz
und Wirtschaft.
* As long as CEO succession hasn’t been resolved, Harris
Associates won’t decide on vote
* Says co’s need to solve question as soon as possible
* Says CEO needs operational experience, experience w/
integration of acquisitions
* NOTE: Link to interview (German)
* NOTE: Lafarge-Holcim Merger Logic Questioned by Shareholder
Group
* NOTE: Harris Associates holds 3.19% in Holcim according to
Bloomberg data
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editors responsible for this story:
Jan Schwalbe at +41-44-224-4106 or
jschwalbe6@bloomberg.net
Paul Verschuur