Holcim Sells Nigerian Business to Huaxin Cement for $1 Billion

Holcim, a Swiss building materials company, has agreed to sell its Nigerian business to Huaxin Cement Ltd., a Chinese firm. The deal, worth $1 billion, involves Holcim’s 83.81% stake in Lafarge Africa, according to a recent statement.

Lafarge Africa Plc, a part of the Holcim Group and a manufacturer of roofing and other construction materials, such as cement, aggregates, and ready-mix concrete, will now see ownership change due to Holcim’s decision to refocus its global corporate priorities and adapt to economic trends in Nigeria

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

thecableng /  🏆 2. in İN

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Unknown company near us blends, sells substandard products — Dangote Refinery allegesDangote Refinery has alleged that an international trading company recently acquired a depot for blending and selling substandard products in Nigeria.
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