[Original] Lafarge Increases Stake in India and Nigeria

2015-01-23 16:25:47

Lafarge Africa has reportedly offered to buy a stake in Ashaka Cement in Nigeria. The move was warmly supported by some shareholders of the company.

   Lafarge Africa has reportedly offered to buy a stake in Ashaka Cement in Nigeria . The move was warmly supported by some shareholders of the company. Before. Lafarge Africa has merged its Nigerian and South African cement operations, bringing Lafarge's stake in Ashaka Cement to 58.61%.

   In India , Lafarge is buying back the 14.03% stake in Lafarge Africa held by Baring Private Equity. Lafarge holds a 15% internal rate of return on Barings.

All can be viewed after purchase
Correlation

Lafarge Africa has reportedly offered to buy a stake in Ashaka Cement in Nigeria. The move was warmly supported by some shareholders of the company.

2015-01-23 16:25:47

At present, the problems existing in the cement industry, such as disorderly prices, out-of-control transportation, chaotic orders and cumbersome manual reconciliation, are the major persistent problems that plague enterprises all the year round. Cement products have high homogeneity and fixed transportation radius. The traditional supervision mode relying on manual inspection and offline account is not only time-consuming, time-consuming and costly, but also has problems such as lagging supervision, many loopholes and difficulty in obtaining evidence, which directly affects the stable development of enterprise management, operation and other dimensions.