Tag Archives: Takeover

Holcim To Sell 83% Stake In Lafarge To Chinese Firm 

Swiss building materials giant, Holcim, has announced plans to sell its Nigerian business, Lafarge Africa Plc, to China’s Huaxin Cement Ltd. The $1 billion deal involves Holcim divesting its 83.81 percent stake in Lafarge Africa, marking another significant corporate exit from Nigeria. In a recent statement, Holcim confirmed the agreement, stating that the transaction is […]