Brief: Fairfax drops out of bidding for South African cement maker PPC

Helios Fairfax Partners

11/12/2017 10:15

Dec 11 (Reuters) - PPC Ltd  PPCJ.J : 
    * NOTIFICATION OF WITHDRAWAL OF FAIRFAX PARTIAL OFFER AND 
FURTHER 
CAUTIONARY ANNOUNCEMENT 
    * ON 8 DECEMBER 2017, INDEPENDENT BOARD RECEIVED FAIRFAX'S 
FORMAL 
NOTIFICATION THAT IT WILL NOT PROCEED WITH PARTIAL OFFER 
    * PPC LTD BOARD CONTINUES TO ENGAGE WITH LAFARGEHOLCIM IN 
RESPECT 
OF ITS APPROACH 
 
Source text for Eikon:  ID:nJseK0042a  
Further company coverage:  PPCJ.J  
 
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