JSE-listed industrial metals and mining group Afrimat has decried the slow pace of final regulatory approval for its acquisition of Lafarge, describing the process as frustrating.

Afrimat announced in June (https://www.businesslive.co.za/bd/companies/mining/2023-06-20-afrimat-set-to-acquire-lafarge-sa/) that it was buying 100% of Lafarge SA and its subsidiaries, collectively known as the LSA Group, which is owned by a subsidiary of Swiss-French multinational building materials manufacturer Holcim Group, for nearly R1bn...

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