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Total: 32 results found.

10

Oct 2017
Second PPC stakeholder rejects merger with AfriSam

Visio Capital joints Prudential Investment Managers against AfriSam's takeover  ...

09

Oct 2017
Dangote Cement abandons interest in PPC

Company is no longer interested on deal, reasons are undisclosed.

03

Oct 2017
PPC's major shareholder against AfriSam offer

Prudential Investment Managers consider that PPC is being undervalued

21

Sep 2017
AfriSam persists with PPC merging plans

Merger discussions started several years ago

11

Sep 2017
Dangote Cement considers bid for PPC

Other companies monitoring the deal include LafargeHolcim, Titan, and HidelbergCement

05

Sep 2017
AfriSam sends new merger proposal to PPC

New terms will make for a stronger group, says PPCC

25

Jul 2017
PPC CEO resigns

Darryl Castle left the company to pursue other interests

31

Mar 2017
PPC, AfriSam merger still in the negotiation table

The South-African companies are trying to define the terms of the merger

17

Mar 2017
AfriSam considers CEO replacement

Company has plans to merger with PPC

14

Feb 2017
South Africa: PPC, AfriSam to retry merger

The two companies failed to merge two years ago

30

Dec 2015
Stark rise in cement prices in Swaziland

New anti-dumping duties for imported cement

31

Aug 2015
Pakistani cement firm sues South African cement firms

South African cement firm faces anti-dumping charges

29

Mar 2015
PPC and AfriSam call off merger talks

PPC and AfriSam failed to agree on terms  ...

25

Feb 2015
South Africa’s Competition Commission refers NPC case to the Competition Tribunal for prosecution

Investigation of alleged collusive conduct in the cement sector conducted in 2008-2012

12

Feb 2015
South Africa’s PPC continues expansion into Africa

Construction underway in Rwanda, Zimbabwe, Ethiopia and the DRC

06

Jan 2015
Proposed merger between AfriSam and PPC should be scrutinized

PIC pronounced its support of the current PPC board

15

Dec 2014
PPC and Afrisam merger discussion continue

Merger would raise considerable competition concerns

14

Dec 2014
Afrisam and PPC considering merge

Companies expect to compete with big conglomerates like Dangote and Holcim/Lafarge new giant

10

Dec 2014
South Africa Pretoria Portland Cement receives merger proposal

Board of directors is currently considering the indicative proposal from Afrisam  ...

08

Oct 2014
Merger of Holcim and Lafarge South Africa approved

Holcim has to make divestments divestments

17

Sep 2014
Cement fraud trial in Namibia postponed

Defense lawyer withdrew from the case

04

Apr 2013
AfriSam puts expansion plans back on track

Firm had earlier overhauled debt, to free up operations.  

02

Apr 2013
AfriSam trims debt as part of restructuring

Firm says it has completed year long program that has cut debt by more than R15 bn.  

25

Feb 2013
AfriSam gets positive response for pilot retail outlet

Firm says plan is to expand its retail base in light of increased cement demand.

08

Dec 2012
South Africa's AfriSam vows to cut energy consumption

Firm signs 49M pledge, and becomes 1 of 70 companies committed to the cause.  

18

Oct 2012
AfriSam to put in new cement plant in Coega

The facility will start up in the Eastern Cape, South Africa area.[$]  

02

Oct 2012
AfriSam expands clinker capacity in Tanzania

Firm will invest $165 mm to firm up capacity at Tanga unit.[$]  

06

Jun 2012
AfriSam adjusts product to suit market needs

Company says its lineup now fit for purpose for multiple construction requirements.  

08

Mar 2012
South Africa: Lafarge hit with fine over cartelization case

Company agrees to pay fine after admitting to market sharing and cartelization.

17

Jan 2012
PIC offers bigger AfriSam stake to Holcim, Bunker Hills

Firms will have 18 months to buy additional stake in South African cement maker.

16

Jan 2012
Holcim takes big charge on AfriSam, weak demand

CHF775mm charge as a result of restructuring of holding in South Africa's AfriSam; weak demand in Spain, US and Eastern Europe.    ...

13

Jan 2012
South Africa: PIC accused of nationalizing AfriSam

Holcim says restructuring a cover for government takeover

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