CTC approves mergers worth US$165 million

Nivad will spearhead safety improvements, monitor underground trends, conduct geotechnical assessments, scan underground voids, and track gold output to curb leakages. The management firm will also oversee shaft ownership to eliminate speculative holding.

THE Competition and Tariff Commission (CTC) handled a slightly lower number of mergers and acquisitions in 2024, approving 13 transactions with a total consideration of over US$164,9 million.Of the 23 local mergers handled by the Commission, 13 were concluded in the year. Nine of these were approved unconditionally, three were approved with conditions and one…

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