Glencore statement on Astron closing
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
Glencore South Africa Oil Investments (Pty) Limited is pleased to announce the closing of its acquisition of 75% of Astron Energy in South Africa and 100% of Astron Botswana, the two businesses previously owned and operated by Chevron.
Glencore is looking forward to working with the Astron management team, led by CEO Jonathan Molapo, to drive growth in the businesses as well as increasing the BEE ownership and localisation of the business in South Africa.
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