April 28, 2014 / 7:41 AM / 3 years ago

Holcim says has "huge" interest for disposals

1 Min Read

ZURICH, April 28 (Reuters) - Swiss cement maker Holcim said there is considerable interest from industry players and private equity for assets it must sell ahead of its merger with France's Lafarge.

Holcim announced a deal three weeks ago to merge with France's Lafarge and is expected to sell some 5 billion euros ($6.85 billion) of assets to persuade competition regulators to allow the tie-up to go ahead.

"There is huge (...) market interest," Chief Executive Bernard Fontana told a conference call on Monday, adding the company had seen interest from across the industry, including players in mature and emerging markets as well as private equity.

Reporting by Caroline Copley

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