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Intl Cement cancels US$104.4m deal to buy African cement producer
Published Mon, Sep 30, 2019 · 09:50 PM
Singapore
INTERNATIONAL Cement Group (ICG) has called off its proposed US$104.4 million cash purchase of African cement producer Schwenk Namibia, the watch-listed cement producer said in a bourse filing on Monday morning.
The deal, which was first announced in March this year, was terminated on Sept 27, 2019.
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