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Holcim to sell Lafarge Africa stake to Huaxin Cement
Why Lafarge Africa seeks to sell its stake to a Chinese firm
Holcim AG has agreed to sell its stakes in Lafarge Africa to a Chinese cement firm in a deal valued at $1 billion as Holcim seeks to divest from Nigeria.
Holcim to exit Nigeria sells major stake at Lafarge Africa to Huaxin Cement for $1bn
Swiss building materials giant, Holcim AG has announced the sale of its Nigerian business to China’s Huaxin Cement Co. in
Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal
(Reuters) -Swiss cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The transaction is expected to close in 2025,
Holcim Sells Nigerian Unit to Huaxin Cement at $1 Billion Value
Swiss building materials company Holcim AG agreed to sell its Nigerian business to China’s Huaxin Cement Co. in a deal that values the asset at $1 billion.
Holcim to exit Lafarge Africa with $1 billion stake sale
Swiss cement giant Holcim has announced its exit from the Nigerian market by selling its nearly 84% stake in Lafarge Africa to China’s Huaxin Cement. ・Holcim is selling its nearly 84% stake in Lafarge Africa to Huaxin Cement,
Holcim to sell nearly 84% stake in Nigerian business to Huaxin Cement in $1B deal
Holcim (OTCPK:HCMLF)(OTCPK:HCMLY) said Sunday it agreed to sell its stake in Lafarge Africa to China’s Huaxin Cement in a $1B deal. Holcim owns 83.8% of the Nigerian-based business, the Swiss cement maker said in a statement.
PM NEWS Nigeria
1h
Tinubu to co-chair 11th session of Nigeria-South Africa BNC with Ramaphosa
According to the statement, the BNC will be preceded by a ministerial meeting on December 2, 2024, at the South African ...
Arise
2h
Holcim Exits Nigerian Market After 65 Years, Sells Lafarge Africa to Huaxin Cement for $1bn
Cement maker Holcim has announced the $1 billion sale of its 83.8% stake in Lafarge Africa to China’s Huaxin Cement.
LEADERSHIP Newspaper
58m
80% Of 100m Small Arms In Africa In Civilian Hands – Global Peace
Over 100 million small arms are circulating across Africa, with 80 per cent in civilian hands, exacerbating violent conflicts ...
1h
on MSN
Where are the video games from Africa?
They take on the role of a chef and serve street food or other typical dishes from Nigeria, such as jollof rice or deep-fried ...
Nairametrics
1m
UBA hosts first NQR Annual General Meeting to advance digital payments in Nigeria
The United Bank for Africa (UBA), on behalf of the Nigeria Inter-Bank Settlement System (NIBSS) and other financial ...
LEADERSHIP Newspaper
1h
Tinubu Off To South Africa For 11th Session Of Bi-National Commission
President Bola Tinubu will leave France today for Cape Town, South Africa, to co-chair the 11th session of the Nigeria-South ...
PM NEWS Nigeria
2h
Africa's maritime sector requires innovative financing - NIMASA DG
Mobereola, who stated this while speaking at the 7th Association of African Maritime Administrations (AAMA) conference in Dar ...
Arise
2h
Tinubu To Depart Paris For Cape Town On Monday for Landmark Bi-National Talks With South Africa
President Tinubu is expected to arrive South Africa on Monday ahead of Tuesday’s Nigeria-South Africa Bi-National Commission ...
2d
Dozens Killed and Over 100 Missing in Nigeria After Boat Capsizes
Rescuers were searching for survivors after the vessel, taking passengers to a food market, capsized along the River Niger, ...
Opinion
businessday
3h
Opinion
Time for France to embrace Nigeria fully
France has a complicated relationship with Africa, dating back to colonialism, with very ugly vestiges of the past doting the West ...
Legit on MSN
17h
BREAKING: Tinubu to leave France for South Africa, details of his next emerge
President Tinubu will travel to South Africa to co-chair the 11th session of the Nigeria-South Africa Bi-National Commission ...
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