Huaxin Cement Co. Ltd. Tag

24 Jul THE LATIN AMERICAN LAWYER – VBSO ADVISES INTERCEMENT ON THE SALE OF ITS BUSINESS IN AFRICA

VBSO Advogados advised to the Brazilian group Intercement Participações in the process of selling its businesses in Mozambique and South Africa to Chinese company Huaxin Cement Co. Ltd. The agreement establishes the value of the “Operation Africa” companies at $265 million. This sale contributes to Intercement’s liability management plans, as the...