Lafarge sells Malaysian stake

Lafarge has announced that it has sold a 11.2% stake in Malaysia-based Lafarge Malayan Cement Berhad through a placement on Bursa Malaysia Securities Berhad. The company has retained a 51% shareholding in the Malaysian business and the €141million raised by the sale is in line with Lafarge’s divestment programme announced in February.
April 2, 2012 Read time: 1 min

725 Lafarge has announced that it has sold a 11.2% stake in Malaysia-based Lafarge Malayan Cement Berhad through a placement on 1817 Bursa Malaysia Securities Berhad. The company has retained a 51% shareholding in the Malaysian business and the €141million raised by the sale is in line with Lafarge’s divestment programme announced in February.

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