Asian tycoons mull bids for LafargeHolcim's Indonesia arm valued at up to $2b

Asian tycoons mull bids for LafargeHolcim's Indonesia arm valued at up to $2b

The cement kiln preheater tower stands above other factory buildings at Holcim Ltd.'s cement plant in Dotternhausen, Germany, on Thursday, Nov. 13, 2014. Photographer: Martin Leissl/Bloomberg

LafargeHolcim Ltd.’s sale of its Indonesian unit has drawn interest from Asian billionaires and regional rivals including Japan’s Taiheiyo Cement Corp., people with knowledge of the matter said.

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