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South African court clears PAIDF, GEPF acquisition of Kelvin Holdings

( October 6, 2015, 14:23 GMT | Official Statement) -- MLex Summary: The South African Competition Tribunal has approved Levoca 549 and the Government Employees Pension Fund’s acquisition of Kelvin Holdings. Levoca 549 is ultimately controlled by the Pan African Infrastructure Development Fund. With the merger, PAIDF and GEPF will acquire joint control of Kelvin Power, the operator of a coal-fired power station.Statement attached....

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