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In October 2011 PPC submitted a bid for the privatisation stake in CINAT, the Democratic Republic of Congo's state-owned cement producer. The company was notified that it was one of two bidders shortlisted for final adjudication. PPC has now been informed that its bid for CINAT has been declined and the other party has been selected to commence contract negotiations. PPC continues to explore several other opportunities as part of its sub-Saharan Africa strategy.





2012-07-20 12:03:58