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Jidong Cement, a subsidiary of BBMG, agreed to acquire a 40% stake in China-Africa Jidong Building Materials Investment from China-Africa Fund for approximately 200 million yuan, gaining control of Mamba Cement in Tanzania.
“冀东水泥有条件同意向中非基金收购中非冀东建材投资有限责任公司40%股权,对价约为人民币2亿元。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.