Holcim to sell nearly 84% stake in Nigerian business to Huaxin Cement in $1B deal
AdrianHancu/iStock Editorial via Getty Images Holcim (OTCPK:HCMLF)(OTCPK:HCMLY) said Sunday it agreed to sell its stake in Lafarge Africa to China’s Huaxin Cement in a $1B deal. Holcim owns 83.8% of the Nigerian-based business, the Swiss cement maker said in a statement. The deal is expected