https://www.engineeringnews.co.za

Commission approves M&R's buyout of Opti Power Projects

14th June 2019

By: Creamer Media Reporter

     

Font size: - +

The Competition Commission has approved Murray & Roberts' (M&R's) proposed buyout of Opti Power Projects and Opti Power HR.

Opti Power provides power transmission and distribution services.

M&R in March said the R37-million acquisition would give its power and water platform access to the transmission, distribution and substation sectors of the power market in South Africa.

The commission found that the proposed transaction was unlikely to result in a substantial prevention or lessening of competition in any relevant markets.

The commission also determined that the proposed transaction did not raise any employment or public interest concerns.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.058 1.067s - 159pq - 2rq
Subscribe Now