December 11, 2017 / 10:26 AM / 10 months ago

BRIEF-Fairfax drops out of bidding for South African cement maker PPC

Dec 11 (Reuters) - PPC Ltd:

* 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: Further company coverage:

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