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Lafarge, Africa and Huaxin Cement
Holcim Lafarge sale ups Chinese ownership of African cement market
The transaction is expected to close in 2025, subject to regulatory approval, Holcim's statement said, without elaborating on the reason for this particular sale
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.
Lafarge Africa to Be Acquired by Huaxin Cement in Major Shareholding Shift
Holcim Group has signed an agreement to sell its 83.81% stake in Lafarge Africa Plc to Huaxin Cement Ltd, marking a significant transition for the Nigerian cement and building solutions company.
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.
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 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 transaction is expected to close in 2025,
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.
businessday
3h
Foreign firms seen slowing down investments as capital returns drop
Foreign-owned companies listed on the Nigerian Exchange are on track to slow down their capital investments in Nigeria, as ...
Legit on MSN
1d
Dangote, BUA, Lafarge Cement Companies Earn N3.6 Trillion from Sales as Sellers Quote New Prices
Nigeria's largest cement manufacturers, Dangote Cement, BUA Cement, and Lafarge Africa reported a combined sales profit of N3 ...
LEADERSHIP Newspaper
1d
171 Winners Emerge From Lafarge Africa Q3 Loyalty Promo Awards
Lafarge Africa Plc has rewarded 171 retailers in its third quarter (Q3) Lagos Retail Loyalty Promo. The event celebrated ...
2d
Holcim’s Strategic Divestment in Lafarge Africa: A Balanced Hold Rating Amid Valuation Concerns and Regulatory Uncertainties
Tobias Woerner, an analyst from Stifel Nicolaus, maintained the Hold rating on Holcim (0QKY – Research Report). The associated price target ...
Bizcommunity
1d
Holcim Lafarge sale up Chinese ownership of African cement market
Swiss cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in
Lafarge
Africa
to ...
LEADERSHIP Newspaper
1d
Stocks Record N29bn Boost In New Week Amid Broad Sector Gains
The local stock market yesterday opened this week’s trading on a positive trajectory, as buying interest in Lafarge Africa ...
Nigerian Tribune
2d
Lafarge Africa rewards 171 winners in Q3 loyalty promo
Lafarge Africa Plc, a leading innovative and sustainable building solutions company, recently concluded its Q3 Lagos Retail ...
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