Retail sector leads in acquisitions

Magdeline Gabaraane
Magdeline Gabaraane

The wholesale and retail sector has dominated mergers and acquisitions in the past year, the latest Competition Authority (CA) annual report shows.

During the 2016-2017 financial year, a total of 52 mergers were handled and out of this figure, the wholesale and retail sector recorded the highest number at 13 cases compared to 12 in the previous year.

The other sector that had a significant record on merger notifications is the transportation and logistics sector, which recorded seven cases as compared to zero in 2016.

Editor's Comment
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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