August 24, 2016 / 12:12 PM / 2 years ago

BRIEF-South Africa's Competition Commission okays Phumelela-Supabets deal

Aug 24 (Reuters) - SA’s Competition Commission:

* Has approved with conditions the intermediate merger whereby Phumelela intends to acquire 50 pct share capital in Supabets

* Recommended to Tribunal that merger whereby Rebosis intends to acquire target firms from Billion Group approved without conditions Source text for Eikon: [bit.ly/2bgcH3E] Further company coverage: (Bengaluru Newsroom)

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