South Africa: PPC says that Ireland’s CRH has formally decided not to continue in a bid for it. The Irish building materials company made a non-binding expression of interest in mid-November 2017. It then had time to conduct due diligence before submitting an updated bid. PPC is still dealing with offers from Fairfax Africa Investments and LafargeHolcim.
CRH stops bid for PPC
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
© 2022 Pro Global Media Ltd. All rights reserved.