Holcim to sell Lafarge Africa stake to Huaxin Cement

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 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
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.
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.
Huaxin Cement builds an empire in Sub-Saharan Africa
The details of the deal are that Holcim has agreed to sell its 83% share of Lafarge Africa to Huaxin Cement. Lafarge Africa operates four integrated cement plants in Nigeria at Sagamu and Ewekoro in Ogun State,
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 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.
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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