Rumours that Lafarge will sell South African operations

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South Africa: Lafarge, the world's largest cement maker, is rumoured to be seeking a buyer for its cement operations in South Africa in a deal that may fetch US$700-800m. Potential bidders are rumoured to include the Indian conglomerate Aditya Birla Group, the owner of India's largest cement maker, UltraTech Cement Ltd.

Last modified on 22 December 2011


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