Remgro LimitedJSE: REM

REM: Maziv's ZAR 36bn deal advances with regulatory support, major CapEx, and BEE commitments

· Issued by Remgro Limited

Regulatory approval is progressing, with enhanced commitments leading to Competition Commission support and an Appeals Court decision expected by September. The transaction values Maziv at ZAR 36 billion, includes significant CapEx and BEE commitments, and is expected to improve Remgro's profitability.

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