# Dangote Cement withdraws bid to acquire PPC

Dangote Cement pulled out of its bid to acquire the share capital of South Africa's PPC Ltd, notifying PPC's board that it no longer has an interest.

- Type: Acquisition
- Announced: 2017-10-09
- Where: South Africa
- Status: cancelled
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Dangote Cement](https://endata.com/companies/19418.md)
- [PPC Ltd](https://endata.com/companies/22158.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/162607/dangote-pull-out-of-potential-ppc-acqusition-deal.html), 2017-10-09: "Dangote Cement board of directors stated that it has notified PPC board of directors that it no longer has an interest in acquiring the South African firm’s share capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.