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News Lafarge sells its Pakistan business

Lafarge sells its Pakistan business

Written by Global Cement staff 24 July 2014
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Pakistan: Lafarge has announced that it will sell its 75.86% stake in Lafarge Pakistan Cement Ltd and will use the proceeds, estimated at Euro190m, to cut its debt. BestWay Cement has been announced as the buyer. The transaction still requires the approval of local market and anti-trust authorities.

Last modified on 30 July 2014
Published in Global Cement News
Tagged under
  • Lafarge
  • Pakistan
  • Acquisition
  • Bestway Cement
  • Lafarge Pakistan
  • GCW161

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