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.
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.
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