Chinese Firm Reaches Final Deal to Acquire Nigerian Cement Company to Rival Dangote, BUA, Others

Chinese Firm Reaches Final Deal to Acquire Nigerian Cement Company to Rival Dangote, BUA, Others …C0NTINUE READING HERE >>>

The Chinese firm acquiring Holcim’s stake in Lafarge Africa has valued the 100% stake of the firm at $1.6 billionThe company will reportedly pay %838.8 million to acquire Holcim’s share in the companyIf finalised, Lafarge Africa will emerge as one of the most valuable companies on the Nigerian Exchange Limited, with a market cap of N1.87 trillion

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Huaxin Cement Company,…

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