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Holcim appoints UBS to Sfr1.5bn rights issue

UBS has been selected to lead the Sfr1.5bn (€966m) rights issue for Holcim, the cement group.

UBS, which led Holcim's last capital raising worth Sfr490m in June 2001, is sole global coordinator and joint underwriter with Credit Suisse First Boston, Deutsche Bank and ABN Amro.

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