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Tobacco industry players win S. African approval to intervene in BAT-TWISP merger review

( May 22, 2019, 21:55 GMT | Official Statement) -- MLex Summary: Gold Leaf Tobacco and Philip Morris South Africa have been granted leave to intervene in a large merger involving British American Tobacco and Twisp, the South African competition-specialist court said. The decision means that the companies will now have the right to access files. The nation's antitrust watchdog initially recommended that the proposed merger be blocked over antitrust concerns. But the watchdog subsequently indicated that it no longer recommended such a prohibition and that it had struck an agreement with the merging parties on the conditions to be tied to the deal.Statement follows. ...

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