Lafarge Zimbabwe finalises deal to sell majority stake to Fossil Mines

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Zimbabwe: Lafarge Zimbabwe has finalised a deal to sell a 76% stake in the company to Fossil Mines. The transaction is now set to conclude once the shares are transferred in exchange for the agreed price. The divestment by the subsidiary of Switzerland-based Holcim was first announced in June 2022. No amount for the transaction has been disclosed publicly.

Last modified on 07 December 2022

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URL: https://www.globalcement.com/news/item/15006-lafarge-zimbabwe-finalises-deal-to-sell-majority-stake-to-fossil-mines

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