AfriSam Group (Pty) Ltd (AfriSam) is pleased to announce that it submitted a revised merger proposal to PPC Limited (PPC) and that Fairfax Africa Investments Proprietary Limited (Fairfax) has made a Partial Offer to acquire ordinary shares in PPC representing a value of R2 billion held by PPC shareholders.

Dr Andrew Dittberner, Chief Investment Officer, Cannon Asset Managers, warns of the danger of confusing “Big” with “Great”.

PPC warns of a credit rating downgrade and said it was in the advanced stages of a capital raising exercise for up to R4bn, tanking its shares.

The collapsed pedestrian bridge on the M1 highway in Sandton is an unfortunate metaphor of what the sector is going through at present.

The 30% drop in the share price of cement maker PPC since January bodes well for the ambitious industrialists at the Pembani Group.

PPC and Afrisam cancel merger talks.

PPC seems to be determined in aggressively expanding into fast-growing Africa.

PPC-AfriSam merger seems to make a great deal of sense for the companies.

The cement industry may be expecting an end to the construction sector’s downturn, but the ability of Afrisam, its second-biggest producer, to continue operating is 'under threat'.

South African cement maker PPC looks north to opportunities in Africa, even as more competition prepares to pile into the local market