East Africa: Tanzanian Tycoons Step Up Acquisitions of Kenyan Companies
Tanzanian investors are increasingly acquiring Kenyan companies, exemplified by Edha Nahdi's acquisition of Bamburi Cement, boosting the construction sector and promising job creation.
CSN's debt rises again, and the company says it should close a loan in the coming days
CSN's debt has increased after three quarters of decline, with the company planning to secure a loan and sell part of its cement business to alleviate financial pressures.
TITAN concludes acquisition of Vracs De L’Estuaire in France
TITAN Group has finalized its acquisition of Vracs de L’Estuaire, a cement company in Northern France, as part of its growth strategy to enhance its product offerings in the French market.
Titan Group: Acquisition agreement for the Keystone cement plant in North America for $310 million.
Titan Group has announced an acquisition agreement for the Keystone Cement Company in Pennsylvania, USA, for $310 million, which is expected to accelerate its sales and improve operational margins.