Gupta company on the lookout for further opportunities
15 February 2016 - 08:36
Tegata Exploration & Resources, the company owned by the Gupta family and a venture fund in which President Jacob Zuma's son is an investor, is seeking further opportunities after being cleared by regulators to acquire Glencore Optimum coal complex. "Tegeta is an ambitious business and on the lookout for new opportunities to grow the business," the company said on Saturday.The Competition Commission on Thursday recommended the Competition Tribunal approve Tegeta's R2.15-billion acquisition of Optimum. ..
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.