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3 months ago
BRIEF-SA's competition body backs clearing ArcelorMittal S.Africa's Thabazimbi deal
May 25, 2017 / 12:44 PM / 3 months ago

BRIEF-SA's competition body backs clearing ArcelorMittal S.Africa's Thabazimbi deal

May 25 (Reuters) - South Africa's Competition Commission:

* Recommended to tribunal to approve ArcelorMittal South Africa's acquisition of Thabazimbi mine from Sishen Iron Ore Co

* Commission finds that proposed transaction is unlikely to substantially prevent or lessen competition in affected markets Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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