Schwenk Zement International GmbH has terminated its purchase agreement with RWCo GmbH regarding shares in Schwenk Namibia (Pty) Ltd. According to RWCo, the stumbling block emerged as the Namibian Competition Commission (NaCC) conditions attached to the approval of the deal, which according to RWCo, lack any legal basis under Namibian competition law. The deal, sealed on 6...
