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Dangote news

 
 
 
 
 

Dangote emerges as bidder for PPC

Dangote Cement has launched a rival takeover offer for South African cement maker, PPC, opening up a potential bidding war with Afrisam.

 

PPC-Afrisam merger revived as other bidders circle

PPC has received a proposal from Canadian investment company, Fairfax Africa Investments, that would include its merger Afrisam, as well as two rival bids from unnamed African cement makers.