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Lafarge Receives Offers For 76.45% Stake In The Company

Lafarge Receives Offers For 76.45% Stake In The Company

Cement-manufacturing firm, Lafarge Cement Zimbabwe (Limited), has advised shareholders and the public that an investor has placed an offer for 76.45% of the company’s shareholding.

In a statement, Faithful Sithole, the Company Secretary said if the transaction is successfully concluded, it will have an impact on Lafarge Cement Zimbabwe’s securities. Read the statement:

Further to the cautionary announcement dated 8 March 2022, shareholders and members of the investing public are advised that Associated International Cement Limited has received certain offers for its 76.45% stake in the Company.

The transaction, if successfully concluded, may have a material effect on the Company’s securities.

Accordingly, shareholders and members of the investing public are advised to exercise caution when dealing in the Company’s securities until a full announcement is made.

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8 Comments

@YoungAcademic 3 months ago

I WISH I COULD DELETE THE COMMENT SRY


@YoungAcademic 3 months ago

SRY G I DIDNT MEAN TO INSULT ANYONE SOMETIMES MY ANGER VENTS OUT TO THE WRONG PEOPLE
SORRY


Murisi Zvizvayi 3 months ago

ne anger yako iyoyo chenjera kufira mujeri uri mwana mudiki munhu ngaazvidzore

Zimdollar 3 months ago

👍

@YoungAcademic 3 months ago

@zimdollar AND @Nkust
YOUR STUPIDITY IS UNJUSTIFIABLE AND OUT OF THIS WORLD..THAT ARTICLE IS SIMPLE ENGLISH TO ANY WELL FUNCTIONING MIND..WHAT ITS BASICALLY SAYING THAT AN INVESTOR HAS OFFERED TO ACQUIRE (BUY) 76% OF THE COMPANY'S SHARES MEANING THAT 76% OF THE COMPANY WILL NOW BE OWNED BY THAT INVESTOR.

THE COMPANY'S OPERATIONS MAY CONTINUE, BUT ITS SECURITIES WILL INEVITABLY CHANGE TO REFLECT THE NEWS MAJORITY'S INTERESTS..


Zimdollar 3 months ago

Why not just explain without insults. Anyway thanks for the explanation.

Nkust 3 months ago

To those vakadzidza what does this mean, kuti vavakutengesa company here, there seems to like seeing the deal going through zvoreva kuti vanga vasingaiti mari here


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Zimdollar 3 months ago

Uuumm what does it mean material effect on the company's securities. Asi investor wacho ndi Queen B kana kuti maChina🤔



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