Zimbabwe: Holcim subsidiary Associated International Cement has entered into a binding agreement to sell its 76% stake in Lafarge Zimbabwe to Fossil Mines for an undisclosed amount. Five bidders were competing for the cement company, according to the Business Times newspaper. These companies included three China-based companies as well as local ones. China-based Huaxin Cement was reportedly one of the Chinese bidders.

Holcim to sell Lafarge Zimbabwe to Fossil Mines
URL: https://www.globalcement.com/news/item/14217-holcim-to-sell-lafarge-zimbabwe-to-fossil-mines
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