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Ibeto Cement Acquires 70 Per Cent Stake In Century Petroleum
IBETO Cement Company Limited has acquired 70 per cent stake in a United States (U.S.) publicly traded petroleum exploration and production company. Ibeto in a statement explained that the development has resulted in the reverse of merger of the cement manufacturer’s assets with the U.S. firm’s. Ibeto described the transactions as “historic reverse merger” which had paved the way for …
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