Lafarge Africa to sell South African operations to Caricement for US$317m

Lafarge Africa has agreed to sell its full stake in Lafarge South Africa to Caricement for US$317 million. The deal is expected to complete in the third quarter of 2019, subject to regulatory approval.

“Lafarge Africa has agreed to sell its full stake in Lafarge South Africa business to Caricement for US$317m.”globalcement.com

• 2 sources
• globalcement.comLafarge Africa to sell South African operations to Caricement for US$317m - Cement Sector News - Global CementGlobal Cement staffJun 21, 2019
• marketscreener.comCaricement BV completed the acquisition of Lafarge South Africa Ltd from Lafarge Africa Plc. | MarketScreenerS&P Capital IQJul 30, 2019

Summarized from public sources; check the original articles before acting on it.