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”.

Tuesday, 24 May 2016 23:02

PPC downgrade warning hits stock

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.

Monday, 09 November 2015 13:51

No end in sight for construction sector woes

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

Monday, 13 July 2015 19:46

PPC looks ripe for a takeover

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

Friday, 27 March 2015 21:58

PPC and Afrisam cancel merger talks

PPC and Afrisam cancel merger talks.

Thursday, 19 March 2015 08:43

PPC determined to expand into Africa

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.

Friday, 18 November 2011 02:00

Waiting for cement to dry

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'.

Wednesday, 09 November 2011 02:00

Greener pastures up north for PPC

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

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