- Holcim (OTCPK:HCMLF) and Lafarge (OTC:LFGEF) are in talks to renegotiate the terms of their €41B merger after a divergence in the value of the two companies over the past year, Financial Times reports.
- Holcim shareholders have raised concerns over the terms of the deal in recent weeks.
- In euro terms, shares in Holcim have gained 6.8% vs. a 0.6% loss for Lafarge since the deal was announced last April; Holcim is worth €23B to Lafarge’s €18.5B, whereas their respective values last April were €21B and €18.4B.