Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

Lafarge increases stake in UNICEM to 85%

Nairametrics by Nairametrics
March 4, 2015
in Company News
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Cement war: Dangote, BUA, Lafarge rake in N2 trillion revenue in 2021

These are the four largest sectors of the Nigerian economy

Lafarge Africa Plc. (‘’The Company’’) has notified The Nigerian Stock Exchange that Nigerian Cement Holdings B.V.(NCH), 50% affiliate of Large Africa Plc. has completed the acquisition of the first 15% tranche stake in Unicem. NCH has 70% share interest in Unicem and upon this acquisition, NCH has now increased its stake to 85%.
Refer to Market Bulletin LCU/11/18/08) dated 18 November 2014 where Lafarge Africa Plc. notified The NSE that Nigerian Cement Holdings B.V. (NCH), 50% affiliate of Lafarge Africa Plc. has entered into an agreement with FMN Cement Industries Limited, a wholly owned subsidiary of Flour Mills of Nigeria Plc. to acquire its 30% investment in United Cement Company of Nigeria Limited (Unicem).Pursuant to the agreement, the first tranche of 15% will be acquired in 2015, while the second tranche of 15% will be acquired on or before February 2016.

Related

Tags: lafarge africaManufacturing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Just like the internet, digital currency is here to stay
    • Nigerian banks’ total assets surged by a whopping N11.15 trillion within one year
    • FX scarcity continues to bite hard in Nigeria

    Follow us on social media:

    Recent News

    Appzone boss, Obi Emetarom, canvasses for adoption of regulated digital currencies

    Just like the internet, digital currency is here to stay

    July 4, 2022
    CRR Debits hits N10 trillion in first 9 months of 2021

    Nigerian banks’ total assets surged by a whopping N11.15 trillion within one year

    July 4, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com