LATEST NEWS FOR PPC Ltd.  

A leading supplier of materials and solutions into the basic services sector in southern Africa, PPC has 11 cement factories in South Africa, Botswana, DRC, Ethiopia, Rwanda and Zimbabwe. PPC’s capacity is around eleven and a half million tonnes o... [more info]

High noon looms for PPC/AfriSam merger

22 Nov 2017 /  Ray Mahlaka  
A bidding war over a tie-up between both cement producers, which already faces major shareholder rebellion, is expected.

PPC flags up to 40% jump in H1 profit

7 Nov 2017 /  Reuters  
Citing robust performance in Zimbabwe and Rwanda and lower finance costs.

Rand recovers slightly after torrid week

27 Oct 2017 /  Alexander Winning and Nqobile Dludla, Reuters  
Stock indexes posted modest gains.

PPC receives expression of interest from LafargeHolcim

27 Oct 2017 /  Tanisha Heiberg, Reuters  
Lafarge expected to submit a firm offer for cement maker in November.

African building boom lures cement giants to circle around PPC

26 Oct 2017 /  Janice Kew and Loni Prinsloo, Bloomberg  
LafargeHolcim, CRH among those tracking South African company.

Dangote Cement still interested in PPC – CEO

19 Oct 2017 /  Chijioke Ohuocha and Alexis Akwagyiram, Reuters  
At the right price.

Cement merger ‘will benefit’ AfriSam, PPC shareholders

12 Oct 2017 /  Ray Mahlaka  
AfriSam acting-CEO Rob Wessels said PPC shareholders that oppose the merger should let the 'process run its course' as mergers of this scale are complicated.

Why the PPC, AfriSam tie-up is facing shareholder rebellion

9 Oct 2017 /  Ray Mahlaka  
PPC shareholders dig in their heels arguing that the cement group is better as a standalone business.

Dangote withdraws tie-up deal with PPC

UPDATE
6 Oct 2017 /  Nqobile Dludla, Reuters  
Shares drop more than 11% on the news.

PPC: More than 25% of shareholders oppose AfriSam merger

6 Oct 2017 /  Arabile Gumede, Bloomberg  
Chairman says company is considering its options.

Aliko Dangote ups bidding war for PPC with cash, share offer

UPDATE
21 Sep 2017 /  Francine Lacqua and Paul Wallace  
PPC shares advance as bidding war for cement maker hots up.

AfriSam says merger offer for PPC ‘fair’

20 Sep 2017 /  Nqobile Dludla, Reuters  
This is AfriSam's third attempt in three years to merge with PPC.

PPC sees higher offer from Fairfax

15 Sep 2017 /  Nqobile Dludla, Reuters  
Canadian firms current offer values cement maker's shares at R5.75.

Rand softer on current account data, stocks down

14 Sep 2017 /  Ed Stoddard and Tiisetso Motsoeneng, Reuters  
SA's current account deficit widened to the equivalent of 2.4% of GDP.

Dangote Cement approaches PPC about takeover

UPDATE
14 Sep 2017 /  Paul Wallace and Tope Alake, Bloomberg   1
Communication is still at the preliminary stage, Dangote says.

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