Holcim plans Amrize spin-off for June 23
02/06/2025 05:47
ZURICH, June 2 (Reuters) - Amrize AMRZ.S, the North American construction materials business being spun off by Holcim HOLN.S, will start trading its shares on the Swiss SIX Exchange and the New York Stock Exchange on June 23, the companies said on Monday. Approvals have been received for the 100% spin-off, with Holcim shareholders receiving one Amrize share for every share in Holcim owned at the close of business on June 20. Amrize will be admitted to the blue chip Swiss Market Index on its first day of trading and will seek inclusion on the relevant U.S. equity indices. (Reporting by John Revill, Editing by Friederike Heine) ((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))
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