F. Scott AG entered into an agreement to acquire 35% stake in Continental Blue Investment Ghana Limited from Lafarge Africa Plc (NGSE:WAPCO) $23.6 million on February 2, 2021. The proceeds that will be realized by Lafarge Africa Plc from the transaction amounts to $8.2 million after repayment of loan granted by Lafarge Africa Plc to CBI Ghana ($5.8 million), settlement of earn out obligation by Lafarge Africa Plc ($3.6 million) and Payment for the Lafarge Africa Plc's shares by F. Scott AG ($6 million). Continental Blue Investment reported net assets of NGN 1.1 billion ($2.8 million). The transaction was resolved by the board of Lafarge Africa Plc on January 20, 2021. The parties have agreed to close the transaction no later than June 30, 2021. F. Scott AG completed the acquisition of 35% stake in Continental Blue Investment Ghana Limited from Lafarge Africa Plc (NGSE:WAPCO) on June 30, 2021.