PPC is a new target for CRH
CRH is among companies considering a counterbid for PPC that could trump an offer by Canada’s Fairfax Financial Holdings, according to Bloomberg sources.
South Africa
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PPC merger opposition grows
Visio Capital Management, which holds seven per cent of PPC shares, is the latest investment manager to object to a partial conditional offer for AfriSam-Fairfax merger.
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...
PPC raises prices and volumes
South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily increasing output at its operations in the ...
Cape Lime business to boost Afrimat's earnings
Aggregates and building materials supply company Afrimat, based in Durbanville, Western Cape, South Africa, expects to see higher profit contributions from its Cape Lime busines...
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 ...
New Country CEO for Lafarge South Africa
Rossen Papazov has been appointed country chief executive officer (CCEO) of Lafarge South Africa Holdings, effective 1 October 2017. For the last four years, Papazov has been CC...