Corporate Brief

Dangote cement confirms potential transaction with PPC

 

Dangote Cement PLc the Africa’s largest cement producer has received information about a potential transaction between it and PPC limited of South Africa.

This is contained in a statement signed by the company secretary Mahmud Kazaure and made available to the public.

The statement added that DCP hereby confirms that the board of Directors has merely communicated its interest to the board of Directors of PPC with respect to the acquisition of the entire share capital of PPC.

“This communication is still at the preliminary stage as further details will be published subsequently. “

 

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