Botswana: Competition Authority approves Glendal-Jindal deal


Issue 298 - 17 Apr 2015 | 1 minute read

The Competition Authority has unconditionally authorised the purchase of 74% of the shares in Jindal BVI Ltd by South Africa’s Glendal Trading Ltd. Jindal BVI is a subsidiary of Jindal Steel & Power (Mauritius) Ltd (JSPL) and is the holding company for the Jindal Mmamabula Energy project (JMEP), an integrated coal power project able to produce up to 1,200MW of power.

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