The Competition Commission says it found that the merger does not raise any substantial public interest concerns.
The recommendation follows the Commission’s investigation into Takatso intention to acquire 51 percent of SAA from Government.
If the merger is approved by the Tribunal, the remaining 49% shareholding in SAA will be retained by the Department of Public Enterprises.Takatso has committed to injecting R3-billion into SAA, once its debt has been settled and competition authorities sign off on the deal.
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