# PPC in talks with Sinoma to sell majority stake in DRC operations

South Africa's PPC is in talks with China National Materials (Sinoma) to sell a majority stake in its operations in the Democratic Republic of Congo.

- Type: Acquisition
- Announced: 2018-04-09
- Where: Democratic Republic of Congo, Congo - Kinshasa
- Status: rumored
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PPC Ltd](https://endata.com/companies/22158.md)
- [China National Materials (Sinoma)](https://endata.com/companies/31213.md) (investor)

## Sources

- [globalcement.com](https://www.globalcement.com/news/8078-ppc-in-talks-with-sinoma-to-sell-majority-stake-in-operations-in-democratic-republic-of-congo), 2018-04-09: "South Africa’s PPC says it is talks with China National Materials (Sinoma) over selling a majority stake in its operations in the country."

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