PPC’s US$30m Arlington deal collapses
…as prospective buyer misses final payment deadline
STAFF WRITER Cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe has suffered a setback in its asset disposal programme after the planned US$30m sale of its Arlington Estate collapsed when the prospective buyer, Transvaal Africa (Private) Limited, failed to meet the final payment deadline. The failed transaction derails PPC Zimbabwe’s efforts to monetise non-core…
