Botash bullish after merger approval

"We, as staff of Botswana Ash, look forward to an exciting future with the Government of Botswana as our existing shareholders and Chlor Alkali Holdings as (our) new partner," says the company's Managing Director Derek Cochrane.

In an interview with Business Week, Cochrane said CAH was identified as the preferred bidder. "With the existing private shareholders of Botswana Ash expressing their desire to sell their shareholding, Chlor Alkali Holdings was identified as the preferred bidder," he said.