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BRIEF-SA's Competition Commission says to probe Transnet for excessive pricing

Thu 7th July, 2016 1:15pm
July 7 (Reuters) - South Africa Competition Commission: 
    * Initiated an investigation against Transnet SOC Ltd for excessive pricing and exclusionary 
practices 
    * Will conduct a full investigation to assess whether or not Transnet has contravened the 
competition act as alleged 
    * Has approved without conditions the intermediate merger whereby Abbott intends to acquire 
100 pct of the issued share in Alere 
    * Has approved without conditions the intermediate merger whereby Hudaco Trading intends to 
acquire UPS and Matla 
    * Has approved without conditions intermediate merger whereby Sanofi intends to acquire 
Consumer Healthcare Business (CHC) from Boehringer Ingelheim 
    * Recommended to tribunal that Super Group intended deal to acquire Target Businesses be 
approved without conditions 
    * Recommended to tribunal that merger where Nestlé and PAI Europe V will establish JVCo be 
approved without conditions 
    * Has approved without conditions intermediate merger where Tradehold intends to acquire 
Imbali Props 21 and Saddle Path Props 69 
    * Post-Merger, Tradehold will control Imbali Props 21 and Saddle Path 69. 
 
Source text for Eikon: (http://bit.ly/29kfI20) 
 
 (Bengaluru Newsroom) 
 ((+91 80 6749 1136;))
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