Tegeta Exploration and Resources (Pty) LTD and Optimum Coal Mine (Pty) LTD (In business rescue and 6 other target firms)

Case number: LM212Jan16
Case parties: Primary Acquiring Firm: Tegeta Exploration and Resources (Pty) LTD
Primary Target Firm: Optimum Coal Mine (Pty) LTD (In Business Rescue) and other target firms
Case type: Large Merger
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2016-02-22
Sector: Mining and quarrying
Industry: Mining of hard coal
Relevant market: market for the provision of coal
Remedy: 12A(3)(b) employment