Russian businessman Filaret Galchev, who owns shares in Switzerland's Holcim via Eurocement Holding AG, declined to comment on Friday on the new terms of the firm's merger with France's Lafarge.
Asked whether he supported the new terms, an aide to Galchev said: "No comment."
Holcim and Lafarge have agreed new terms for their plan to create the world's biggest cement company, giving unhappy shareholders in the Swiss firm a better deal.
While the merger is back on track after a rocky few weeks, the two firms have yet to agree who will run the combined entity with annual sales of more than 30 billion euro. Galchev owns 10.8 percent of Holcim via Eurocement.
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
