South African Competition Tribunal prohibits Corruseal and Neopak merger

South Africa's Competition Tribunal prohibited the proposed merger between packaging companies Corruseal Group and Neopak Holdings under the Competition Act. The Competition Commission welcomed the decision on 23 February 2023.

“The Tribunal prohibited the implementation of the merger in terms of section 16 (2) of the Competition Act 89 of 1998 (as amended).”concurrences.com

• 1 source
• concurrences.comThe South African Competition Tribunal prohibits a proposed merger between two rival packaging companies (Corruseal / Neopak) - ConcurrencesFeb 22, 2023

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