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7 months ago
BRIEF-S.Africa's Competition Tribunal approves Synergy-Arrowhead deal with conditions
December 15, 2016 / 12:11 PM / 7 months ago

BRIEF-S.Africa's Competition Tribunal approves Synergy-Arrowhead deal with conditions

1 Min Read

Dec 15 (Reuters) - South Africa's Competition Tribunal:

* Arrowhead Pty Ltd merger with Synergy Income Fund given go ahead, with conditions

* Merging parties agreed to conditions restricting sharing of competitively sensitive information between Vukile and Arrowhead

* Commission found that proposed transaction will bring together Vukile and Arrowhead, who will sit on board of synergy

* Commission felt that this could result in exchange of competitive sensitive information. (Bengaluru Newsroom: +91 80 6749 1136)

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