The Competition Tribunal has unconditionally approved a merger between infrastructure development and construction materials supply company Raubex and mining and exploration company Bauba Resources.
Post-merger, Raubex will attain sole control over Bauba.
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This follows Raubex Group, through its subsidiary Raubex, in November 2021 expressing intent to acquire all the issued share capital in Bauba.
Bauba has a primary focus on mining chrome ore and exploring for platinum group metals.
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Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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