Court Dismisses Lafarge’s Bid To Halt Share Sale Suit

The Federal High Court in Ikoyi, Lagos, has dismissed a motion by Lafarge Africa Plc challenging the court’s jurisdiction to hear a suit concerning the proposed sale of its majority shares to Chinese cement giant, Huaxin Cement Limited. Justice Lewis Allagoa, ruling on the matter on Thursday, struck out the preliminary objection filed by Lafarge […]