News Formal

Competition Commission asked to justify SAA-Takatso merger recommendation

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

México Noticias Noticias

México Últimas Noticias,México Titulares

Last month, the commission gave provisional approval of the merger which would see Takatso buy 51% of SAA.

JOHANNESBURG - The Competition Commission has had to justify its recommendation on the South African Airways Takatso Consortium merger.

The commission has now referred the deal to the Competition Tribunal, which is having hearings on Tuesday. The tribunal has spent the morning hearing competition-related submissions on the Takatso Consortium merger, including how divestiture of two subsidiaries will address the commission's concerns on competition.

Takatso has also had to reassure the panel that it would still be able to manage SAA optimally without its subsidiaries.In its recommendation, the commission made no merger-related retrenchments one of the conditions one that Takatso has accepted.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 30. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Competition Tribunal hearing into the SAA-Takatso merger underway | The CitizenDay one of a two-day hearing into the merger between Takatso Aviation Consortium and South African Airways (SAA) is underway at the Competition Tribunal in Pretoria. 👨‍⚖️👨‍✈️ Here's what happened TheCitizenNews
Fuente: TheCitizen_News - 🏆 6. / 75 Leer más »