Schwenk Zement International GmbH

Schwenk Zement International GmbH Terminates Purchase Agreement with RWCo GmbH In a surprising turn of events, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH regarding shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. This development adds a […]