CNBM to buy Tunisian cement facilities for up to USD145 million

A group under China National Building Material Group agreed to buy Tunisian cement production facilities from Votorantim Cimentos' Spanish unit for up to USD145 million via a UAE SPV. The deal is pending regulatory approvals.

“The deal should help the buyers promote the international layout of their cement business.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina National Building Material Buys Cement Business in Tunisia for up to USD145 MillionTang ShihuaJul 29, 2024

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