Lafarge seals BEE deal

February 14, 2007

Lafarge on Friday finalised an empowerment deal that involved that sale of 26 percent of its mining and 10 percent of its manufacturing operation in South Africa to its employees and Sinako...

Sinako now holds 75 percent of the empowerment stake and Lafarge's employees hold 25 percent of the empowerment stake via an employee share ownership trust.

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