Limak plans EUR1bn Africa spending spree

Limak plans EUR1bn Africa spending spree
Published: 18 December 2015


Turkey's Limak Cement is currently in talks to acquire African cement operations to the value of EUR1bn, according to senior executive quoted by Reuters. While there was no certainty that the deal would go ahead, the Turkish cement producer has reportedly signed a confidentiality agreement relating to the acquisition from an international cement company.



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