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Holcim signs agreement to sell its Nigerian business

Holcim signs agreement to sell its Nigerian business

 

Published by
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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LafargeHolcim news