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
Lafarge Africa to sell Nigeria stake to Huaxin Cement in $1 billion deal
Swiss cement maker Holcim (HOLN.S), opens new tab will exit its Nigerian business through the sale of its almost 84% stake in Lafarge
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 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 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 Nigeria3h
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 ...
AllAfrica.com37m
Nigeria: Police Debunk Viral Fuel-Scooping Video
The Nigeria Police Force (NPF) has discredited a viral video allegedly showing uniformed personnel scooping fuel from the wreckage of an overturned tanker.
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 ...
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, ...
AllAfrica.com58m
Nigeria: FG Begins Malaria Vaccination for Children Today
The R21 vaccine was developed by scientists at Oxford University and made by the Serum Institute of India and Novavax. Nigeria is one of the first countries in the world to back the vaccine. Malaria ...
LEADERSHIP Newspaper2h
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 ...
South Africa leads ranking of sub-Saharan African universities
The University of Johannesburg has been ranked as sub-Saharan Africa’s best university, beating two South African rivals to ...
INFORMATION NIGERIA19h
Team Nigeria Wins 2024 Africa Military Games With 114 Gold Medals
Team Nigeria have topped the medals table at the just concluded Africa Military Games 2024, clinching a total of 234 medals.
LEADERSHIP Newspaper3h
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 Nigeria4h
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 ...