S.Africa’s Competition Tribunal approves Glencore’s bid for Chevron subsidiary

S.Africa’s Competition Tribunal approves Glencore’s bid for Chevron subsidiary
Johannesburg — South Africa’s Competition Tribunal on Friday approved with conditions Glencore’s proposed $973 million acquisition of Chevron Corp’s subsidiary in the country. The tribunal said there must be no job cuts at Chevron South Africa as a result of the merger or for five years, the unit must invest 6 billion rand ($416.67 million) … More »
S.Africa’s Competition Tribunal approves Glencore’s bid for Chevron subsidiary S.Africa’s Competition Tribunal approves Glencore’s bid for Chevron subsidiary Reviewed by Crude Oil Facilitators on 11:16 Rating: 5

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