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West International New Building Materials Pte. Ltd, ultimately owned by West China Cement Limited, filed a merger notification to acquire 100% of AfriSam Holdings, a Southern African cement and construction materials supplier. The deal is under regulatory review.
“A Chinese cement producer is poised to take full ownership of AfriSam, one of Southern Africa's major suppliers of cement and construction materials, following a merger filing with the Competition and Consumer Authority (CCA).”newsnote.co.za
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