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Scancem International DA, a subsidiary of HeidelbergCement, agreed to acquire 68.33% of Tanga Cement from AfriSam Mauritius Investment Holdings for Sh137.33 billion. Closing expected in Q2 2022.
Scancem International DA, a subsidiary of HeidelbergCement AG, agreed to acquire 68.33% shareholding in Tanga Cement from AfriSam Mauritius Investment Holdings for 137.33 billion Tanzanian shillings, announced in October 2021.