Holcim sells business in Brazil for $1.025bn

PARIS, FRANCE: Holcim Ltd has signed an agreement with CSN (Companhia Siderúrgica Nacional) as it sells business in Brazil for an enterprise value of USD 1.025 billion, a news release said. This divestment includes Holcim’s five integrated cement plants, four grinding stations, six aggregates sites and 19 ready-mix concrete facilities. Holcim sells business to strengthen…