PPC and AfriSam enter merger talks

PPC and AfriSam Group have entered into formal discussions to assess a potential merger, aiming to create a stronger South African-owned cement producer. The talks are at an early stage and require regulatory approvals.

“PPC and AfriSam have independently concluded that current market circumstances warrant entering into formal discussions to consider a merger.”transformsa.co.za

• 1 source
• transformsa.co.zaPPC and AfriSam merger to boost transformation in construction industry - Transform SA - The leading Transformation MagazineThabiso DlaminiFeb 13, 2017

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