Sun International abandons merger plans

06 April 2016 - 17:25
By Roxanne Henderson

Sun International has informed the Competition Tribunal that it has given up on its proposed merger with Maxshell 114 Investments. The Competition Tribunal announced this in a statement on Wednesday‚ saying that Sun International would take no further steps to implement the merger.Sun International had planned to acquire Maxshell 114 Investments‚ which is the controlling shareholder in Peermont Global.

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