South Africa dismisses Imerys-Andalusite Resources merger appeal

By Davide Ghilotti
Published: Thursday, 02 March 2017

A tribunal dismissed a request by the two companies to review their previously-rejected merger proposal, reiterating its views that competition would be diminished at the expense of domestic andalusite users.

South Africa’s Competition Appeal Court has dismissed an appeal lodged by andalusite miners Imerys SA and Andalusite Resources (AR) to reconsider the tribunal’s earlier rejection of a merger between the two companies, IM has learnt.

The tribunal today dismissed the appeal after it first rejected the proposed takeover...

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