Holcim AG has lost about 26 percent of its market valuation since the announced sale of its shareholding in Lafarge Africa on December 1, 2024.
On December 1, when Holcim announced that it would divest from Lafarge Africa, the group was valued at a share price of CHF 90 (Swiss Francs) with a $62 billion market cap. However, exactly nine months after the announced divestment, Holcim is now trading at a share price of CHF 67 and a $46 billion market cap.
In contrast, Lafarge Africa has moved by over 124 percent. The stock has moved from N58 per share before the advent of the deal to now trading at N130 per share. The terms of the agreement valued Lafarge Africa at $1 billion based on a 100 percent equity arrangement. However, the market currently values Lafarge Africa at $1.37 billion based on its market capitalisation.