Fossil snaps up Lafarge Zimbabwe

PHILLIMON MHLANGA Resources firm, Fossil Mines, has entered into a binding agreement  with the Holcim Group to take over Zimbabwe’s leading cement maker, Lafarge Zimbabwe, Business Times can report. The  Swiss-headquartered Holcim Group, through its subsidiary Associated International Cement,  is the largest shareholder in Lafarge Zimbabwe, with 76.45% shareholding.   Business Times first reported two…