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Market Impact: 0.55

Holcim Said to Acquire Part of James Hardie’s European Business

M&A & RestructuringCompany Fundamentals

Holcim Ltd. is set to acquire part of James Hardie Industries’ European business for just under €840 million (about $981 million). The deal value suggests a meaningful strategic expansion for Holcim rather than a routine transaction. Likely to be viewed positively by investors on improved scale, subject to final terms and regulatory/closing conditions.

Analysis

Holcim Ltd. is set to acquire part of James Hardie Industries’ European business for just under €840 million (about $981 million). The deal value suggests a meaningful strategic expansion for Holcim rather than a routine transaction. Likely to be viewed positively by investors on improved scale, subject to final terms and regulatory/closing conditions.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

HCMLY0.55
JHX-0.15

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