Holcim and Lafarge name post-merger board candidates

April 14, 2015 11:42 AM

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Holcim and Lafarge name post-merger board candidates

ZURICH (Reuters) - Holcim (HOLN.VX) and Lafarge (LAFP.PA) outlined an even split of seats on the two cement groups' post-merger board, but there was no place for Holcim investor Filaret Galchev, who has yet to announce his support for the proposed $40 billion deal.

The inclusion of Galchev or one of his associates could have been a sign that Holcim's second-largest shareholder -- with a 10.8 percent stake via Eurocement Holding -- will back the merger with France's Lafarge at next month's shareholder vote.

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