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Africa & The Middle East - 05 November 2014

PPC increases stake in Habesha Cement

PPC has purchased Industrial Development Corporation’s stake in Habesha Cement Share Company (HCSCo), Ethiopia, meaning it will hold a 51% stake in the company.


UltraTech acquires 51% stake in Awam Minerals

UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51% stake in Omani gypsum mining company Awam Minerals LLC.