Imerys states case for Andalusite Resources takeover
Published: Monday, 19 October 2015
The two companies are half way through proceedings in their appeal against a Competition Commission decision to prohibit their merger. The Competition Tribunal hearing in Pretoria has currently been adjourned until 20 October for both sides to organise their remaining submissions.
French industrial minerals giant Imerys SA
has laid out its case for merging with South
Africa’s Andalusite Resources in a court in
Pretoria, as part of an appeal against a Competition Commission
(CompComm) ruling against the deal.
In April, CompComm found that Imerys and Andalusite
Resources were the only miners and...