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News Suez Cement sells majority stake in Hilal Cement

Suez Cement sells majority stake in Hilal Cement

Written by Global Cement staff 26 January 2021
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Kuwait: HeidelbergCement subsidiary Suez Cement has sold its 51% majority stake in Hilal Cement. Decypha News has reported the new owner of the stake as Silver Share Real Estate. Boodai Group retains 44% of the remainder of shares.

Last modified on 27 January 2021
Published in Global Cement News
Tagged under
  • Kuwait
  • Suez Cement
  • Divestments
  • Stake
  • Hilal
  • Egypt
  • HeidelbergCement
  • Plant
  • Boodai Group
  • Silver Share Real Estate
  • GCW490
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