Dangote Cement withdraws interest in South Africa’s PPC

Dangote cement has withdrawn its interest in acquiring PPC, a South African cement company.

Dangote cement has withdrawn its interest in acquiring PPC, a South African cement company.
PPC says the company’s independent board is keen to avoid long-running negotiations with any bidders for the company. On Tuesday, […]
The US$300m Dangote cement grinding plant situated at Bouansa, Congo will start up this month, Dangote Cement Plc has announced. […]

AfriSam Group Pty Ltd. CEO Rob Wessels said the South African cement maker will decide whether to make a higher offer for larger rival PPC Ltd. only in the event of a formal approach from a competing bidder.
The Management of Dangote Industries Limited has launched a passionate appeal to the public to assist in monitoring both the […]

Africa’s richest man, Aliko Dangote is reportedly considering counter-offers for PPC Group Ltd. that could signal a bidding contest for South Africa’s largest cement maker, according to people familiar with the matter, reports Bloomberg.
Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, plans to sell shares valued at more than […]
Nigeria’s Dangote Group has signed an MOU with the Kano State Government for the proposed 100MW Dangote-Black Rhino Solar Power Plant at […]
Dangote Cement plans to start using its own gas-powered plant in Tanzania by September to reduce its reliance on diesel […]

Nigeria’s Dangote Industries Limited has sold a 2.3% stake in Dangote Cement to foreign buyers in a stock market deal valued at 86.1 billion naira ($236 million).
Some 416-million shares in Dangote Cement have been traded at 210 naira each in off-market deals valued at 86.1-billion naira ($236-million), traders […]
Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting […]
The Group Chief Financial Officer (CFO) of Dangote Cement Plc, Mr Brian Egan, has been appointed as the Executive Director, […]
Dangote Cement Plc reports half year group revenue of N412.68 billion versus N292.19 a year ago. Nigeria’s and Africa’s largest […]
Dangote Cement Plc has said it may shut its operations in Ethiopia if authorities in Oromia don’t reverse an order […]
Aliko Dangote, Africa’s richest man and president of Dangote group, has recorded a $1.1 billion increase in fortune over the […]
Dangote Cement Plc has announced plans to commence production at its cement grinding plant in Congo in a matter of weeks. […]
Shareholders of Dangote Cement were full of praise for the board, management and staff of the company after approving the […]
Business magnet Aliko Dangote is currently the owner of the largest crane in Africa after buying it from China’s leading construction company,XCMG […]
Dangote Cement Plc has embarked on a sensitisation campaign on the proper utilisation of cement in the construction industry.This follows […]