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FirstRand Bank’s property acquisitions approved in South Africa

( June 15, 2016, 13:53 GMT | Official Statement) -- MLex Summary: South Africa’s Competition Tribunal has approved FirstRand Bank’s proposed acquisition of a property-rental enterprise and several properties from MMI Group. The tribunal found that there is sufficient rentable space to provide competition, and that FirstRand would not lease out its Sandton property to a third party.The full text of the statement is below:...

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