Displaying items by tag: Flour Mills of Nigeria
Lafarge’s Nigeria unit to take complete control of United Cement
11 November 2014Nigeria: 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.
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