Holcim to sell Lafarge Africa stake to Huaxin Cement

Lafarge drives NGX rally on Huaxin $1bn deal
Nigeria’s equities market kicked off the new week on a positive note as investors saw the need to position in Lafarge Africa Plc as
Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal
(Reuters) -Swiss cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions,
Huaxin Cement to buy Lafarge Africa for US$1bn
Nigeria: Holcim plans to sell Lafarge Africa to China-based Huaxin Cement for an equity value of US$1bn. The Switzerland-based building materials producer owns an 83% share of the subsidiary. The transaction is expected to close in 2025 subject to regulatory approvals.
Huaxin Cement Expands with Major Acquisition Deal
Huaxin Cement Co., Ltd. Class H (HK:6655) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with
Holcim to exit Nigeria sells major stake at Lafarge Africa to Huaxin Cement for $1bn
Swiss building materials giant, Holcim AG has announced the sale of its Nigerian business to China’s Huaxin Cement Co. in
Tag Archives: Huaxin Cement Ltd
(IN BRIEF) Holcim has agreed to sell its 83.81% stake in Lafarge Africa PLC to Huaxin Cement Ltd for an equity value of USD 1 billion. The transaction, aimed at streamlining Holcim’s portfolio, is expected to close in 2025, pending … Read the full press release →
Holcim Sells Nigerian Unit to Huaxin Cement at $1 Billion Value
Swiss building materials company Holcim AG agreed to sell its Nigerian business to China’s Huaxin Cement Co. in a deal that values the asset at $1 billion.
Why Lafarge Africa seeks to sell its stake to a Chinese firm
Holcim to exit Lafarge Africa with $1 billion stake sale
Swiss cement giant Holcim has announced its exit from the Nigerian market by selling its nearly 84% stake in Lafarge Africa to China’s Huaxin Cement. ・Holcim is selling its nearly 84% stake in Lafarge Africa to Huaxin Cement,
Holcim to sell nearly 84% stake in Nigerian business to Huaxin Cement in $1B deal
Holcim (OTCPK:HCMLF)(OTCPK:HCMLY) said Sunday it agreed to sell its stake in Lafarge Africa to China’s Huaxin Cement in a $1B deal.  Holcim owns 83.8% of the Nigerian-based business, the Swiss cement maker said in a statement.
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Holcim Exits Nigerian Market After 65 Years, Sells Lafarge Africa to Huaxin Cement for $1bn
Cement maker Holcim has announced the $1 billion sale of its 83.8% stake in Lafarge Africa to China’s Huaxin Cement.
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Dealers Announce New Cement Price, Other Building Material as Company Exits Nigeria
According to an investigation conducted recently, the cost of building materials has increased significantly by over 100 ...
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Holcim signs agreement to sell its Nigerian business
Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81% shareholding in Lafarge Africa PLC, at an ...
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Top 5 Stories Of The Day | Swiss Multinational Exits Nigeria After Selling Lafarge Africa for $1bn
Swiss multinational exits Nigeria after selling Lafarge Africa for $1bn FCCPC probes MTN, Air Peace, and GTBank over reports ...