PPC approached by LafargeHolcim for some African assets
PPC said on Friday it had received an expression of interest from LafargeHolcim which is planning a combination of some […]
PPC said on Friday it had received an expression of interest from LafargeHolcim which is planning a combination of some […]
South Africa’s biggest cement maker, PPC, is an unlikely candidate for a takeover battle. The supplier of building materials reported […]
PPC’s Mobile Science Lab initiative was developed to support budding scientists, providing them with the tools to develop their skills. […]
Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing […]

Cement producer PPC and trade union National Union of Mineworkers (NUM) have reached an agreement on wage negotiations at the company’s Slurry plant, in the North West.
News that Nigerian-based Dangote Cement had withdrawn its expression of interest in PPC has not damped speculative interest in the […]
The National Union of Mineworkers (NUM) said that its members at South Africa’s leading supplier of cement and related products, PPC Cement Slurry in Mafikeng, North West, have […]
The proposed merger between SA’s largest cement producer PPC and its unlisted rival AfriSam might be scuppered for the second […]
PPC shares plunged the most in more than two months after Dangote Cement walked away from a potential takeover of […]

Dangote cement has withdrawn its interest in acquiring PPC, a South African cement company.
PPC has hired Investec bank to review an offer by Fairfax Financial Holdings to buy a stake in it. The […]
PPC says the company’s independent board is keen to avoid long-running negotiations with any bidders for the company. On Tuesday, […]
Prudential Investment Managers, one of the top three shareholders in PPC, says it opposes a proposed merger between SA’s largest […]
South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily […]
The Independent board of PPC is still considering the merits of the partial offer by the Toronto Stock Exchange-listed Fairfax […]

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.

South African cement maker AfriSam said on Wednesday a merger proposal valuing its rival PPC at $700-million was fair, suggesting it has no intention of sweetening its offer.

PPC, South Africa’s biggest cement producer, said on Friday it expected Canada’s Fairfax Africa Investments to raise its 9.2 billion-rand ($700 million) takeover offer.
PPC’s largest shareholder is supporting a joint offer for SA’s biggest cement maker from domestic rival AfriSam and Canadian insurer […]
Cement maker PPC presented its outlook to investors on 8 September, saying it reduced its capital expenditure guidance for the […]