CTC to block NatFoods merger

CTC to block NatFoods merger
Published: 28 July 2017
Innscor Africa Limited's plans to merge partial subsidiary companies, NatFoods and Profeeds are under threat following recommendations adopted by the Competition and Tariff Commission to block the deal.

According to CTC, the merger will create a monopoly in the stock feed industry, which might lead to price fixing considering that the same company also has interests in another stock feed producer, Irvine's Zimbabwe.
- Business Weekly
Tags: CTC, NatFoods,

Comments

Latest News

Latest Published Reports

Latest jobs