Rank: Elder Joined: 9/15/2006 Posts: 3,906
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Ericsson wrote:https://kenyanwallstreet.com/unconfirmed-lafarge-in-talks-to-acquire-portland-cement/
Lafarge, the French multinational, is in talks to acquire East African Portland Cement Company, a firm that is heaving under a financial rut.
The firm is now considering bailing out EAPCC, which it holds 41.7 per cent stake, by purchasing the remaining stake from the government and other shareholders.
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