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.
Communications: Competition Tribunal
Tel (012)394 1383
Cell: +27 (0) 73 007 5603
On Behalf Of:
Registrar: Competition Tribunal
Tel: (012) 394 3355
Cell: +27 (0) 82 556 3221