Algeria: A group of Algerian investors have agreed a share purchase framework to buy 100% of ASEC Algeria from ASEC Cement and ASEC Cement Djelfa Offshoren for US$60m. ASEC Cement is an Egypt-based producer and supplier of cement and other construction materials. ASEC Cement Djelfa Offshoren is a subsidiary of ASEC Cement, a subsidiary of Qalaa Holdings.
Algerian investors to buy ASEC Algeria for US$60m
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