Country Bird won’t give up on merger

SOUTH AFRICA – Country Bird has said that it would not give up on the merger with another poultry producer Sovereign Food, despite the Competition Tribunal blocking the move and referring the decision back to the Competition Commission. Country Bird chief executive Marthinus Stander said he remained hopeful that a favourable decision could be reached with the commission again. Stander said the setback did not mean that the company would no longer pursue the proposed merger. “The tribunal’s decision is merely about ‘which acquisition of control’ definition the Commission considered…

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