Chinese Cement Company Set to Take Over Dangote Cement Rival, Lafarge Africa in a $1bn Deal …C0NTINUE READING HERE >>>
Holcim AG has agreed to sell its 83.8% stake in Lafarge Africa to a Chinese cement company, Huaxim Cement CoThe deal is reportedly valued at $1 billion and would be finalised in 2025, subject to regulatory approvalThe deal will see Lagarge’s market capitalisation on the Nigerian Exchange Limited (NGX) double if the new owners do not delist from the NGX
Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Holcim AG will sell…
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