LAFARGE AFRICA TO MERGE WITH UNICEM AND ATLAS CEMENT
Lafarge Africa Board of Directors approves merger with Unicem and Atlas. After a court ordered meeting in Lagos, The Board of Directors of Lafarge Africa Plc have approved the merger with United Cement Company of Nigeria Limited (Unicem), and Atlas Cement Company Limited (Atlas). The merger is aimed at streamlining the operations and reducing the operating costs of Unicem and Atlas through consolidation of the cement manufacturing and marketing businesses for better management and efficiency. The Chairman of…
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