Holcim investor sells CHF320m stake, Switzerland

Holcim's third largest investor, The Capital Group Companies, sold a CHF320m (US$333m) stake in the Swiss maker of cement on 20 June.

The asset manager now owns 2.96 per cent, Holcim said in a press release, down from 4.9 per cent as of 13 September, data compiled by Bloomberg show.

The Capital Group Companies share sale was completed on June 20, according to a statement from the Swiss SIX stock exchange.