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.