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…

Top Stories Access Membership Required

You must be a Top Stories Access member to access this content.

Join Now

Already a member? Log in here

Related Articles

Back to top button