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Taiheiyo Cement has announced the acquisition of a 15% stake in Solusi Bangun Indonesia, a subsidiary of Semen Indonesia, for between US$186m and US$232m.
“Under the '2020 Mid-Term Management Plan,' Taiheiyo Cement says that it aims to 'become a corporate group with a strong presence in the Pacific Rim.'”globalcement.com
Summarized from public sources; check the original articles before acting on it.