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News ARM Cement approach Dangote Cement about potential sale

ARM Cement approach Dangote Cement about potential sale

Written by Global Cement staff 09 November 2018
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Kenya: Advisors to ARM Cement have approached Nigeria’s Dangote Cement about a potential sale, according to a source quoted by Reuters. The news follows reporting by Bloomberg that Dangote Cement has expressed an interest in the Kenyan cement producer. Owner Aliko Dangote also said in an interview that his company was in talks with an unnamed company about potential acquisition in Kenya and Tanzania. ARM Cement was placed in administration in August 2018.

Last modified on 14 November 2018
Published in Global Cement News
Tagged under
  • Kenya
  • ARM Cement
  • Nigeria
  • Dangote Cement
  • GCW379
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