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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Thomson Reuters StreetEvents

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PPC Ltd Announces Acquisition Of Safika Cement Holdings

Wednesday, 7 Aug 2013 01:05am EDT 

PPC Ltd announced that it has entered into an agreement to purchase a controlling equity stake in Safika Cement Holdings (Pty) Limited for the cash consideration of approximately ZAR350 million. Safika is a blended cement producer in South Africa; producing over 20 million bags per annum. The proposed transaction is subject to approval by the regulatory authorities as well as the conclusion of the due diligence process. 

Company Quote

-28.0 -1.03%
24 Dec 2014