Holcim signs agreement to sell its Nigerian business
Published by Alfie Lloyd-Perks,
Editorial Assistant
World Cement,
Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81% shareholding in Lafarge Africa PLC, at an equity value of US$1 billion on a 100% basis.
The transaction is expected to close in 2025, subject to customary and regulatory approvals.
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Read the article online at: https://www.worldcement.com/africa-middle-east/02122024/holcim-signs-agreement-to-sell-its-nigerian-business/
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