Holcim selling business in Nigeria to Chinese cement group
Holcim sells business in Nigeria to Chinese cement group
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Listening: Holcim selling business in Nigeria to Chinese cement group
The Swiss cement manufacturer Holcim wants to sell its shares in the Nigeria-based Lafarge Africa PLC Group to the Chinese cement manufacturer Huaxin Cement. The sale price is one billion dollars on a 100 percent basis.
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Holcim verkauft Geschäft in Nigeria an chinesischen Zementkonzern
Original
The transaction is expected to be completed in 2025. Lafarge Africa PL specialises in the production and distribution of cement.
Translated from French by DeepL/ds
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