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News Associated International Cement Limited rejects offer for 76% Lafarge Zimbabwe stake

Associated International Cement Limited rejects offer for 76% Lafarge Zimbabwe stake

Written by Global Cement staff 25 April 2022
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Zimbabwe: UK-based Associated International Cement Limited (ACIL) has reportedly rejected an offer for its 76% stake in Lafarge Zimbabwe. Lafarge Zimbabwe company secretary Faithful Sithole said that the parent company is still assessing offers received for the stake. The NewZimbabwe newspaper has reported that the declined offer may have come from China-based Huaxin Cement.

Last modified on 27 April 2022
Published in Global Cement News
Tagged under
  • Zimbabwe
  • Lafarge Zimbabwe
  • Stake
  • Acquisition
  • offer
  • Deal
  • Huaxin Cement
  • Associated International Cement Limited
  • GCW554

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