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Holcim to sell Lafarge Africa stake to Huaxin Cement
Why Lafarge Africa seeks to sell its stake to a Chinese firm
Holcim AG has agreed to sell its stakes in Lafarge Africa to a Chinese cement firm in a deal valued at $1 billion as Holcim seeks to divest from Nigeria.
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 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
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 of complaints of exploitative
Holcim to sell off stake in Lafarge Africa in $1 billion deal
Holcim AG will sell its 83.8 percent stake in Lafarge Africa to a Chinese cement maker, Huaxin Cement Co., in a deal that values Lafarge Afric
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.
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.
Arise
10h
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.
Global Cement
5h
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 ...
legit
7h
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 ...
thewhistler.ng
1h
Shareholders Blame Holcim’s Exit From Nigeria On Economic Challenges
Swiss cement giant Holcim's decision to exit the Nigerian market after 65 years has drawn sharp reactions from shareholders, ...
World Cement
8h
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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