【Huaxin Cement: Plans to Purchase Equity Assets for $838 Million to Expand West African Market】Jin Ten Data December 1, Huaxin Cement announced on the evening of December 1 that the company plans to purchase equity assets for $838 million, ultimately acquiring control of a listed company in Nigeria. Specifically: the company intends to acquire 100% equity of Caricement B.V. for $560 million through its wholly-owned subsidiary Hainan Huaxin Pan-Africa Investment; and plans to acquire 100% equity of Davis Peak Holdings Limited for $278 million through its wholly-owned subsidiary Huaxin Hong Kong International Holdings. (Source: Jin Ten Data)