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LafargeHolcim might be investigated over Kenyan cement interests

( July 8, 2016, 08:56 GMT | Insight) -- Swiss building-materials maker LafargeHolcim has received an ultimatum from the East African Portland Cement Company, in which it is the largest shareholder, The Standard newspaper reports. Kenya’s Competition Authority is said to be launching a prob...Swiss building-materials maker LafargeHolcim has received an ultimatum from the East African Portland Cement Company, in which it is the largest shareholder, The Standard newspaper reports. Kenya’s Competition Authority is said to be launching a probe into Lafarge, which owns a 41.7 percent stake in EAPCC, as well as a majority shareholding in competitor Bamburi Cement. EAPCC’s chief executive has said that Lafarge should either sell its stake, or look to wholly take over the firm....

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