Edition:
India

Lonmin Says Competition Appeal Court Approves Acquisition Of Lonmin By Sibanye-Stillwater


Friday, 17 May 2019 

May 17 (Reuters) - Lonmin PLC ::COMPETITION APPEAL COURT SA JUDGMENT.COMPETITION APPEAL COURT UPHOLDS SOUTH AFRICAN COMPETITION TRIBUNAL'S APPROVAL OF ACQUISITION OF LONMIN BY SIBANYE-STILLWATER.COMPETITION APPEAL COURT OF SOUTH AFRICA DELIVERED JUDGMENT ON APPEAL FILED WITH CACSA BY ASSOCIATION OF MINEWORKERS AND CONSTRUCTION UNION.SIBANYE-STILLWATER AND LONMIN REMAIN FULLY COMMITTED TO OFFER.TRANSACTION CONTINUES TO BE IN BEST INTEREST OF ALL STAKEHOLDERS.CACSA DISMISSED AMCU'S APPEAL WITH COSTS, AND HAS THEREFORE UPHELD SOUTH AFRICAN COMPETITION TRIBUNAL'S DECISION OF 21 NOVEMBER 2018.