Lafarge to raise N140bn capital, merges with UNICEM

The Board of Directors of Lafarge Africa has submitted to the Nigerian Stock Exchange a Notice of its 58th Annual General Meeting (AGM) at which it will propose a Rights Issue for an amount up to N140 billion for approval by the shareholders of the company.
Also on the AGM’s agenda is a proposal to shareholders to approve the merger of UNICEM with Lafarge Africa into Lafarge Africa. The AGM is scheduled to be held in Lagos on Wednesday, June 7, 2017.
POSTED BY:OPUOMONI PRIYE
DATE:05/16/2017
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