Holcim to sell Lafarge Africa stake to Huaxin Cement

Dangote, BUA, Lafarge Cement Companies Earn N3.6 Trillion from Sales as Sellers Quote New Prices
Nigeria's largest cement manufacturers, Dangote Cement, BUA Cement, and Lafarge Africa reported a combined sales profit of N3.6 trillion in Q3 2024.
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.
Chinese Cement Company Set to Take Over Dangote Cement Rival, Lafarge Africa in a $1bn Deal
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 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.
Hosted on MSN2d
Charly Boy cheers Dangote on after a video of him dancing at a party went viral: “A dull man"
Billionaire Aliko Mohammad Dangote trended online after a video showed him dancing gracefully at an event, and veteran singer ...
Legit on MSN1d
Airtel drops as Dangote Cement leads most valuable companies in Nigeria
It is currently ahead of Airtel Africa at N8.11 trillion, BUA Foods at N7.11 trillion, and MTN Nigeria Communication at N3.57 ...
This Day2d
Dangote Cement Overtakes Airtel, 11 Others as Most Capitalised Stock on NGX
Dangote Cement Plc has outpaced Airtel Africa Plc, 11 others trillionaire companies as the most capitalised listed stock on ...
businessday10h
Nigerian billionaires’ wealth drops third time in 2024 to $23.8b
The combined net worth of Nigeria’s four wealthiest individuals is $23.8 billion, according to the Forbes Real-Time ...
France1d
Current Cement Prices: Dangote, BUA, and others this week
Nigeria's cement price volatility is driven by a combination of local and global factors, including economic pressures, ...
LEADERSHIP Newspaper2d
3 Listed companies Earn N3.6trn From Cement Sales
Three cement manufacturers, Dangote Cement, BUA Cement and Lafarge Africa Plc reported a combined N3.623 trillion in their ...
businessday7h
Stocks value up N18.2trn as new listings, blue-chips power NGX in 11 months
Despite Monetary Policy Rate (MPR) increases by Nigeria's Central Bank (CBN) as well as other macroeconomic headwinds, ...
Nigerian Tribune9d
Dangote Cement sells Series 1 N100bn bond issuance
Dangote Cement Plc has received application for the Series I bond issuance of up to N100 billion.The cement company sold the ...
LEADERSHIP Newspaper2d
LEADERSHIP Person Of the Year 2024: Aliko Dangote (GCON)
For his unwavering commitment to Africa’s advancement in reshaping industries and driving self-sufficiency across the ...
thenewsnigeria.com.ng2d
Dangote Wraps Up New Refinery Deal with Angolan President
With the success of his humongous 650,000 barrels per day refinery and petrochemical plant, located in Lekki Area of Lagos, ...