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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

2700.0
-28.0 -1.03%
24 Dec 2014