Top-ten Holcim shareholder says merger with Lafarge may collapse
ZURICH (Reuters) - A top-10 shareholder in Holcim HOLN.VX said on Monday a planned merger with French rival Lafarge LAFP.PA could collapse if deal terms are not renegotiated in the Swiss cement maker's favor.
The shareholder, who declined to be named, said Zurich-based Holcim will seek stronger representation on the combined company's board, which had originally been set at seven representatives from both firms.
(Reporting by Oliver Hirt.; Writing by Katharina Bart)
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