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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