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Africa's cement giants Dangote and BUA face new rival as Chinese-backed firm enters Nigeria's cement market with $1 billion acquisition
Nigerias cement industry is set for a major shake-up as Chinese-backed Hainan Huaxin Cement moves to acquire Lafarge Africa in a deal valued at about $1 billion, positioning itself to challenge market leaders Dangote Cement and BUA Cement in Africas largest economy
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premiumtimesng.com
Lawmakers worry as Senate approves sale of third-largest cement producer
The senators said that a transaction involving one of Nigeria's major cement producers should be conducted with greater transparency, including full disclosure of the company's…
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africa.businessinsider.com
Africa's cement giants Dangote and BUA face new rival as Chinese-backed firm enters Nigeria's cement market with $1 billion acquisition
Nigerias cement industry is set for a major shake-up as Chinese-backed Hainan Huaxin Cement moves to acquire Lafarge Africa in a deal valued at about $1 billion, positioning…