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Denel purchase of aero engine company approved with conditions

Retrenchments Cap

By:  
Creamer Media Senior Deputy Editor
 
Aerospace & Defence
South Africa’s Competition Commission has recommended that State-owned defence and aerospace group Denel be allowed to buy local aero-engine company Turbomeca Africa (TMA). The recommendation was given to the Competition Tribunal. The Commission announced this decision on late last month.
 
 
 
 
 

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