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Namibian authority to investigate Lewis Stores' acquisition of Ellerines

( February 18, 2016, 16:13 GMT | Insight) -- The Namibia Competition Commission says it is investigating the acquisition of cash-strapped Ellerines retail stores in Namibia by Lewis Stores Namibia. The watchdog has a time limit of 30 days to conclude merger and acquisition cases from the date it rece...The Namibia Competition Commission says it is investigating the acquisition of cash-strapped Ellerines retail stores in Namibia by Lewis Stores Namibia. The watchdog has a time limit of 30 days to conclude merger and acquisition cases from the date it receives the notification, unless there are outstanding matters that require extra time. The deal has already been conditionally approved in Botswana....

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