Lafarge to buy out 45% stake in Lafarge Shui On Cement for €294M

Lafarge signed an agreement to acquire the 45% stake held by SOCAM Development in Lafarge Shui On Cement for HK$2,553 million (approx. €294 million), subject to the completion of its merger with Holcim.

“Lafarge has signed an agreement to acquire the 45 stake held by SOCAM Development Limited in Lafarge Shui On Cement.”holcim.com

• 1 source
• holcim.comLafarge has signed an agreement to buy out a 45% interest in Lafarge Shui On Cement, subject to the completion of its planned merger with HolcimFeb 7, 2022

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