Lafarge Receives Offers For 76.45% Stake In The Company

Cement-manufacturing firm, Lafarge Cement Zimbabwe (Limited), has advised shareholders and the public that an investor has placed an offer for 76.45% of the company’s shareholding.

In a statement, Faithful Sithole, the Company Secretary said if the transaction is successfully concluded, it will have an impact on Lafarge Cement Zimbabwe’s securities. Read the statement:

Further to the cautionary announcement dated 8 March 2022, shareholders and members of the investing public are advised that Associated International Cement Limited has received certain offers for its 76.45% stake in the Company.

The transaction, if successfully concluded, may have a material effect on the Company’s securities.

Accordingly, shareholders and members of the investing public are advised to exercise caution when dealing in the Company’s securities until a full announcement is made.

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