Afrimat updates on Lafarge South Africa acquisition progress

Afrimat provides an update on its acquisition of 100% of Lafarge South Africa Holdings from a Holcim subsidiary. Several conditions precedent have been fulfilled, including approvals from South African mining and exchange control authorities and competition authorities in Botswana and Eswatini. The transaction awaits final approval from the South African Competition Tribunal.

“The Acquisition will become unconditional and be implemented once the Competition Tribunal approval has been obtained.”listcorp.com

• 2 sources
• listcorp.comAcquisition of Lafarge South Africa update - Afrimat Limited (JSE:AFT) - Listcorp.Jan 22, 2024
• iol.co.zaAfrimat awaits green light from Tribunal to acquire Lafarge South AfricaEdward WestJan 23, 2024

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