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PPC Zimbabwe sells 418 ha Arlington Harare estate
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PPC Zimbabwe sells 418 ha Arlington Harare estate
Business Reporter REGIONAL cement manufacturer PPC Limited has announced that its 88 percent-owned local unit, PPC Zimbabwe, has sold its 418-hectare Arlington Estate in Harare for US$27 million. The transaction yielded net proceeds of US$21.4 million after accounting for transaction costs and applicable taxes. Following the completion of the sale, PPC Zimbabwe declared and distributed […]
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