Loading…

BUA Group's Kalambaina Cement Co received shareholder approval for a merger with Cement Company of Northern Nigeria (CCNN). The deal awaits final regulatory approval and will give CCNN a total installed capacity of 2Mta.
“This deal signposts shareholder confidence in the value proposition of the CCNN-Kalambaina merger and we are certain that the new entity can compete effectively in the cement industry in Nigeria”cemnet.com
Summarized from public sources; check the original articles before acting on it.