CEMENT
Africa's richest man Aliko Dangote has joined the race to buy South African cement maker PPC, which is already the subject of a takeover bid valuing the company at $700-million. Dangote Cement, which is controlled by Dangote and is the biggest cement maker in Africa with a capacity of nearly 46-million tonnes a year, said in a statement that it was interested in buying all of PPC's shares.
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