Lafarge to Merge Nigerian and South African Units in $1.35B Deal to Rival Dangote Cement

Lafarge SA (LG), the French cement maker that plans to merge with Holcim Ltd. (PPC) of Switzerland to become the world’s biggest producer of the building material, will combine Nigerian and South African assets to form a new company to compete with Africa market leader Dangote Cement Plc. (DANGCEM)

Read more: Lafarge Combination of African Units Rivals Dangote Cement – Businessweek.