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Commission recommends tribunal approve RPM buyout of Mototolo

By:  
Creamer Media Online Writer
 
CORPORATE ACTIVITY
The Competition Commission has recommended to the Competition Tribunal that it approve Rustenburg Platinum Mines’ (RPM’s) acquisition of the Mototolo Joint Venture (Mototolo JV) and the movable assets of the Mototolo chrome recovery circuit. The commission found that the proposed transaction was unlikely to result in a substantial prevention and lessening of competition. It also found that the proposed transaction was unlikely to raise employment concerns or public interest concerns.
 
 
 
 
 

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