# YTL Corporation to acquire controlling stake in Lafarge Malaysia

YTL Corporation plans to acquire a controlling stake in cement producer Lafarge Malaysia for 1.63 billion ringgit ($393.87 million).

- Type: Acquisition
- Announced: 2019-05-02
- Where: Kuala Lumpur, Malaysia
- Value: $393.9M (1.63B MYR)
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge Malaysia](https://endata.com/companies/30845.md) (target)
- [YTL Corporation](https://endata.com/companies/39269.md) (acquirer)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/markets/nikkei-markets/ytl-to-buy-malaysia-s-biggest-cement-producer), 2019-05-02: "Malaysian utilities-to-hotel conglomerate YTL Corporation said Thursday it plans to acquire a controlling stake in cement producer Lafarge Malaysia for 1.63 billion ringgit ($393.87 million)."

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