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Competition Commission approves Heaven-Sent’s acquisition of Village Main Reef

Image Credit: Mining Review

South Africa’s Competition Commission has given the go ahead for Chinese private equity firm Heaven-Sent’s acquistion of JSE-listed Village Main Reef.   In February Heaven-Sent made a cash offer of $56 million, representing a premium of 46% on the company’s 30-day average share price, to take Village Main Reef private.

Read more at Mining Weekly…

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