Nigeria: Dangote sells $236M stake in cement firm to foreign buyers

Nigeria: Dangote sells $236M stake in cement firm to foreign buyers

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Nigeria’s Dangote Industries Limited has sold a 2.3 percent stake in Dangote Cement to foreign buyers in a stock market deal valued at 86.1 billion naira ($236 million). The stock exchange confirmed the Tuesday’s sale, adding that a total of 416 million shares of Dangote Cement were traded at 210 naira in six off-market deals

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