Petronas notifies Comesa of Lake Oil Group acquisition
( January 14, 2016, 12:58 GMT | Official Statement) -- MLex Summary: The Competition Commission for the Common Market for Eastern and Southern Africa has received a merger notification for a deal where Petronas Marketing Sudan will buy Lake Oil Group, a Mauritian group of companies involved in the marketing and distribution of petroleum products and lubricants. TPetronas will help Lake Oil establish its operations in Sudan by adding its technical knowhow and management skills. Interested parties are invited to present their views on the merger until Jan. 27.Statement attached....
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