Holcim Shares Jump 14% After Completing Spin-Off of Amrize Unit
Summary by Nasdaq
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The construction material manufacturer Holcim splits off its North America business and brings it to the stock market under Amrize.
·Zürich, Switzerland
Read Full ArticleAmrize Completes Spin-off From Holcim; Debuts Public Trading On NYSE
(RTTNews) - Amrize Ltd (AMRZ), which was part of Swiss building materials firm Holcim Group (HCMLY.PK, HCMLF.PK), Monday announced its debut as an independent, publicly traded company with the completion of its 100 percent spin-off from the parent.
Holcim’s North American Spinoff Amrize Slips in Trading Debut
Amrize Ltd’s shares shares slipped in early trading in Switzerland following the North American cement-maker’s spinoff from Holcim Ltd, as the building materials conglomerate looks to unlock value through a separate listing.
·United States
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Total News Sources17
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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