Gallus' purchase of Sovereign Food approved with conditions in South Africa
( November 8, 2017, 14:33 GMT | Official Statement) -- MLex Summary: Gallus Holdings' planned purchase of poultry producer Sovereign Food has been approved with conditions in South Africa. Gallus is a holding company owned by private equity company Capitalworks. The Competition Tribunal approved the merger on the public interest condition that the merging parties do not cut staff for 2 years from the merger approval date.Full statement follows....
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