The acquisition of 1.312 billion shares in Ashaka Cement has been completed by Lafarge Africa, according to the Nigerian Stock Exchange.
The US$190.23 million (NGN 30.95 billion) deal is part of the ongoing merger of Lafarge Group’s South African and Nigerian assets. The deal was executed as an off-market trade. The seller of the Ashaka Cement shares are Lafarge Nigeria (United Kingdom).
The acquisition of 1.312 billion shares in Ashaka Cement has been completed by
The US$190.23 million (NGN 30.95 billion) deal is part of the ongoing merger of Lafarge Group’s South African and Nigerian assets. The deal was executed as an off-market trade. The seller of the Ashaka Cement shares are Lafarge Nigeria (United Kingdom).
