[Original] Lafarge decides to sell its business in Pakistan

2014-07-25 09:49:32

Lafarge has announced that it will sell its 75.86% stake in Lafarge (Pakistan) Cement Limited, identifying Bestway Cement as the buyer.

   Lafarge has announced that it will sell its 75.86% stake in Lafarge (Pakistan) Cement Limited, identifying Bestway Cement as the buyer. It is reported that about 190 million euros from the transaction will be used to reduce its debt, but the transaction still needs to be approved by the local market and antitrust authorities.

   Editor's note: Bestway Cement is owned by Bestway Group, the second largest cash and carry company in the United Kingdom, and is the second largest cement producer in Pakistan. Budweiser Group has invested more than $1 billion in Pakistan and is the largest overseas investor in Pakistan.


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Lafarge has announced that it will sell its 75.86% stake in Lafarge (Pakistan) Cement Limited, identifying Bestway Cement as the buyer.

2014-07-25 09:49:32

Although Lafarge (Pakistan) Cement Limited (LPCL) has not yet announced the final tender date for its 75.86% stake, the frequent activity of potential buyers indicates that Lafarge may be about to complete the sale of its assets in Pakistan.

2014-06-26 15:43:39

From January to February 2026, the statistics of flat glass production in all parts of the country show that the cumulative output of flat glass in the whole country shows a certain trend. The cumulative output of flat glass in China decreased by 3.50% year on year. Among the regions, the output of Chongqing increased by 45.09% year-on-year, while the output of Yunnan decreased by 66.38% year-on-year. In some areas, such as Beijing, Shanghai and Qinghai, the yield data are missing. The output of other regions increased or decreased year on year, reflecting the differences in the production of flat glass in different regions.