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Commission suggests blocking R1bn acquisition of The Building Company

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Credit: Alexander via Pexels
Credit: Alexander via Pexels</span>The Competition Commission has recommended to the Competition Tribunal that the proposed takeover of Pepkor's hardware company The Building Company by Cashbuild be prohibited. As part of the acquisition, Cashbuild would have paid R1,1bn for The Building Company, which owns Buco, TimberCity, Tiletoria and other brands.
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