Dangote pull out of potential PPC acqusition deal
Dangote Cement Plc, pulled out of its bid to acquire the share capital of PPC Ltd.
Afrisam
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Prudential Investment Managers advise against AfriSam merger with PPC
Prudential Investment Managers, one of the top three shareholders in PPC, says it opposes a proposed merger between South Africa's largest cement group and its unlisted South Af...
Dangote confirms "preliminary talks" with PPC
Talks between Dangote Cement and PPC regarding the possible acquisition of PPC by Dangote are in a "preliminary stage", according to the Nigeria-based cement producer, confirmin...
AfriSam wins two SARMA awards
South African cement producer AfriSam dominated at the recent Southern African ReadyMix Association (SARMA) awards by winning two of the four accolades bestowed on the industry’...
PIC reportedly backs joint offer for PPC
PPC'S largest shareholder, Public Investment Corporation (PIC), is supporting a joint offer for South Africa's biggest cement-maker from domestic rival AfriSam Group and Canadia...
Dangote sets eyes on PPC Group
Aliko Dangote is considering counter offers for the PPC Group and as such could spark a bidding contest for South Africa’s largest cement producer, reported The Star who quoted ...
South African merger talks: make or break?
Following the collapse of a second round of talks between South Africa's two leading cement producers on a proposed merger, will AfriSam's expected new proposal be enough to pus...
AfriSam to come up with new merger plan
Merger talks between South African cement producers AfriSam and PPC have been terminated after AfriSam retracted the heads of terms (HoT) that were entered into in February. PPC...
AfriSam reported to replace CEO ahead of PPC merger
To help enable the merger with rival PPC, AfriSam is set to replace its CEO, Stephan Olivier after nearly seven years of leading the firm, according to local press reports in So...
PPC
South African cement manufacturer PPC is reportedly in talks with its nearest rival AfriSam Group over a possible merger.