Murray and Roberts acquisition of Concor approved

Posted On Monday, 19 June 2006 02:00 Published by Commercial Property News
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The Competition Tribunal has unconditionally approved the acquisition of Concor by multi-faceted global contractor Murray & Roberts

Cobus Bester Murray & Roberts This was the only remaining condition precedent pertaining to the scheme of arrangement proposed by Murray & Roberts, a wholly-owned subsidiary of Murray & Roberts Holdings Limited, between Concor and its shareholders, other than Mexican Wave Investments (Pty) Limited, in terms of which Murray & Roberts will acquire all the shares in the issued share capital of Concor, other than those already held by Mexican Wave.

The scheme is therefore unconditional.

 

Last modified on Wednesday, 26 June 2013 17:20

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