TRIBUNAL MATTER HEARD ON WEDNESDAY, 15 DECEMBER 2016

 16 JANUARY 2017

Proposed merger approved between Kgalagadi Alloys and Kalagadi Manganese

The Competition Tribunal has approved the merger between Kgalagadi Alloys and Kalagadi Manganese be approved without conditions. The merger will see  Kgalagadi Alloys acquire Kalagadi Manganese.

Kgalagadi Alloys is a shelf company which has no operations or business activities. Kalagadi Manganese owns new order mining rights covering an area of approximately 6,300 hectares and spanning three farms in the Kalahari Basin.

The Commission said at the hearing that the proposed transaction was unlikely to substantially prevent or lessen competition in any market or result in job losses.

Heard on December 15, the issuing of this merger’s order was delayed to allow for further submissions to be made by the Commission and the Merging parties.

 

Issued by:

Chantelle Benjamin

Communications: Competition Tribunal   

Tel (012)394 1383                                     

Cell: +27 (0) 73 007 5603  

Twitter: @comptrib                                       

E-Mail: chantelleb@comptrib.co.za

 

On Behalf Of:

Lerato Motaung                                                   

Registrar: Competition Tribunal                                        

Tel: (012) 394 3355                                             

Cell: +27 (0) 82 556 3221                                              

E-Mail: LeratoM@comptrib.co.za