Published by
Joseph Green,
Editor
World Cement,
According to the latest report by Reuters, Qalaa Holdings has announced that its units have signed preliminary agreements to sell a 100% stake in ASEC Algeria Cement for approximately US$60 million.
Read the article online at: https://www.worldcement.com/africa-middle-east/24102016/qalaa-holdings-to-sell-100-stake-in-asec-algeria-cement/
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The company has suggested that the recovery in construction must not be taken for granted as ONS data shows that construction output has flatlined since September, whilst new contract awards have been weak for most of the past year.
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