Holcim Sells Nigerian Unit to Huaxin Cement

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,
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.
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.
Huaxin values Lafarge Africa as high as $1.6 billion
Huaxin Cement Company, the prospective buyer of Holcim’s stake in Lafarge Africa, has valued 100 percent of Lafarge Africa’s shareholding
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
Holcim to exit Nigeria, sells 83% stake in Lafarge to Chinese firm
Holcim, a Swiss building materials company, has agreed to sell its Nigerian business to Huaxin Cement Ltd., a Chinese firm, in a deal that values the asset at $1 billion.
Holcim to sell stake in Lafarge Africa
Swiss cement maker Holcim will sell its 84% stake in Lafarge Africa to China's Huaxin Cement for $1 billion, aligning with its strategy to streamline its portfolio and focus on high-growth regions. The transaction is expected to close in 2025,
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
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.
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 ...
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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 ...