Market Chatter: Switzerland's Holcim Explores Dual Listing for North American Unit

Holcim (HOLN.SW) is exploring a dual listing of its North American subsidiary in the US and Switzerland, Bloomberg News reported Tuesday, citing people familiar with the matter.Some of the people told the news outlet that the dual listing following a spin-off is being considered because Swiss and other European funds may have to sell the new Holcim shares listed in the US. The construction company indicated plans for a US listing in January.Following the spin-off, the separate US-listed entity could be valued at $30 billion, according to the report.The people cautioned that no final decision has been made and that a dual listing is one of the options being considered.Holcim did not immediately respond to MT Newswires' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Market Chatter: Switzerland's Holcim Explores Dual Listing for North American Unit

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