Lafarge’s Nigeria unit to take complete control of United Cement

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Nigeria: Lafarge's Nigerian business has entered into an agreement with Flour Mills of Nigeria to purchase a 30% stake of Nigeria's United Cement Company. The deal will give Lafarge complete control of United Cement Company.

"Pursuant to the agreement, the first 15% stake would be acquired in the first quarter of 2015, while the second 15% stake is scheduled to be acquired by February 2016 at the latest," said Lafarge.

Last modified on 12 November 2014

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