August 3, 2016/LafargeHolcim LafargeHolcim announces it has signed a framework agreement with Huaxin Cement Co. Ltd. (“Huaxin”) for the sale of most of the non-listed Chinese cement assets of Lafarge China Cement Limited (“LCCL”) to Huaxin for an estimated equity value of CHF 208 million1. LafargeHolcim owns a 41.8 percent […]
World News
Door open for Barclays to cut Africa stake below 50%
Mon Aug 1, 2016/Reuters By Steve Slater Barclays is expected to sell more of its stake in its African subsidiary in the coming weeks to take its holding in the business to less than 50% and strengthen the UK parent bank’s capital. A lock-up period following a previous share sale […]
Nigeria H2-16 Outlook: Misty Cloud on the Recovery Path
Culled-Proshare August 01, 2016/United Capital Research Executive Summary Click Here to Read Full Report Global Economy: Growth momentum slows as vulnerabilities persist Driven by a deceleration in economic activities in the developed and emerging markets, the global economy continued to see sluggish momentum in the first half of the year. […]
