Lafarge has sold its cement operations in Pakistan for an enterprise value of US$329 million (€244 million) to BestWay Cement.
Lafarge Pakistan Cement Ltd1, listed on the Karachi, Lahore and Islamabad stock exchanges, operates an integrated cement plant, located close to Islamabad in the north of the country.
This divestment will contribute to Lafarge’s net debt reduction objective.
This transaction is subject to the authorisation from relevant authorities and compliance with regulatory obligations
Lafarge Pakistan Cement Ltd1, listed on the Karachi, Lahore and Islamabad stock exchanges, operates an integrated cement plant, located close to Islamabad in the north of the country.
This divestment will contribute to Lafarge’s net debt reduction objective.
This transaction is subject to the authorisation from relevant authorities and compliance with regulatory obligations.
