May 15, 2018 / 7:02 AM / 2 months ago

Britain's competition watchdog to look into Sibanye-Lonmin deal

May 15 (Reuters) - Britain’s Competition and Markets Authority (CMA) said on Tuesday it would examine whether a takeover by South Africa’s Sibanye-Stillwater of miner Lonmin, would lessen competition.

The 285 million pound ($386 million) deal would create the world’s No. 2 platinum producer.

$1 = 0.7385 pounds Reporting by Arathy S Nair in Bengaluru; editing by Jason Neely

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