CNBM increases majority stake in Southwest Cement for US$295m

China National Building Material (CNBM) agreed to buy an additional 18.7% stake in Southwest Cement for US$295m from Zhonshai Trust, increasing its ownership to 88.7%.

“China National Building Material (CNBM) has agreed to buy a further 18.7% stake in Southwest Cement for US$295m from Zhonshai Trust.”globalcement.com

• 1 source
• globalcement.comCement industry news from Global CementGlobal Cement staffJun 21, 2018

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