LafargeHolcim has closed the divestment of Holcim Indonesia with the disposal of its entire shareholding of 80.6% in Holcim Indonesia to Semen Indonesia for an enterprise value of US$1.75 billion, on a 100%. The proceeds from this transaction significantly improve the Net debt to Recurring EBITDA ratio by 0.2 with the target of 2 times or less to be achieved by the end of 2019.
