The Botswana Competition and Consumer Authority website recently issued an announcement stating that West International New Building Materials plans to acquire 100% of the common shares of South African cement group AfriSam and its subsidiaries, and the agency has received the relevant merger declaration. The announcement did not disclose financial details. According to the statement, West International New Building Materials is wholly owned and controlled by Yao Bai International Holdings Limited, which is part of Western Cement Co., Ltd.

The Botswana Competition and Consumer Authority website recently issued an announcement stating that West International New Building Materials plans to acquire 100% of the common shares of South African cement group AfriSam and its subsidiaries, and the agency has received the relevant merger declaration. The announcement did not disclose financial details. According to the statement, West International New Building Materials is wholly owned and controlled by Yao Bai International Holdings Limited, which is part of Western Cement Co., Ltd.