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Conditional approval for casinosďż˝ merger

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The Competition Authority (CA) has put measures in place to ensure that a position of dominance is not created or strengthened in the casino and gaming market, due to the acquisition of Peermont Group by Sun International.

In a merger decision notice released on Friday, the CA said they decided to authorise the proposed acquisition transaction on condition that the global and gaming giants will not be involved in mapping business strategy for the local casino operations.   

The CEO of CA, Thula Kaira explained that the Authority had made conclusive analysis.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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