LafargeHolcim to sell China assets to Huaxin

LafargeHolcim to sell China assets to Huaxin

LafargeHolcim has agreed to sell most of the non-listed Chinese cement assets of Lafarge China Cement to Huaxin Cement Co Ltd for an estimated 208 million Swiss francs ($215 million). The sale of 13 cement plants and four grinding stations with an annual cement capacity of 18 MT, would reduce net debt by 376 million francs.
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