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Much Asphalt plans to appeal South African merger block

By Aicha Marhfour ( September 13, 2016, 14:02 GMT | Insight) -- South African hot and cold asphalt maker Much Asphalt plans to appeal a decision blocking its planned purchase of five fixed-asphalt plants from Roadspan Surfaces. South Africa’s antitrust authority today rejected the deal because the company would gain too much clout on certain markets.South African hot and cold asphalt maker Much Asphalt plans to appeal a decision blocking its planned purchase of five fixed-asphalt plants from Roadspan Surfaces....

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