BUA Cement merges Kalambaina Cement with Cement Company of Nigeria

BUA Cement merged its subsidiary Kalambaina Cement with publicly traded Cement Company of Nigeria (CCNN), after receiving approval from the Nigerian SEC and Federal High Court.

“Abdulsamad Rabiu has become at least $650 million richer after merging Kalambaina Cement, a subsidiary company of his BUA Cement, with publicly traded Cement Company of Nigeria”forbes.com

• 1 source
• forbes.comNigerian Tycoon Abdulsamad Rabiu Gains $650 Million After Cement Firm MergerMfonobong NseheJan 2, 2019

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