Suez Cement subsidiary to sell its white cement plant to Emaar Industries company
Suez Cement company [SUCE.CA]’s subsidiary Helwan Cement Company (99.5% owned) has entered into an agreement with Emaar Industries Company for the sale of its owned white cement plant located in Minya governorate, according to company disclosure. It is worth noting that the transaction is set to take place post the de-merger of the white cement plant from Helwan Cement Company.
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