Updated: Lafarge Africa sells South African subsidiary to LafargeHolcim for $316m

Lafarge Africa plc has reached an agreement to sell the 100 percent equity interest held by the company in Lafarge South Africa Holdings (Pty) Limited (LSAH) to Caricement B.V. (“Caricement”), an indirect subsidiary of LafargeHolcim Limited for $316 million. The sale is expected to extinguish