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WIH Cement, a wholly-owned subsidiary of West China Cement, acquired 134,105 shares (7.75% of issued share capital) of Cimenterie de Lukala SA (CILU) from IFC for US$6 million, consolidating its stake in the DRC cement company.
“The transaction, which involves WIH Cement, a wholly-owned subsidiary of West China Cement, acquiring 134,105 shares from IFC, represents 7.75 per cent of CILU's issued share capital for a consideration of US$6m.”cemnet.com
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