Bloomberg News

Metorex to Meet Jinchuan Deal Conditions by December, Still Says

September 02, 2011

Sept. 2 (Bloomberg) -- Metorex Ltd. is “on track” to meet outstanding conditions for completing a takeover by China’s Jinchuan Group Ltd. by December, Chairman Rob Still said in an interview.

The companies still need antitrust approvals in South Africa, Zambia and China as well as approval from China’s government, Still said at a meeting of investors in Johannesburg today, where the transaction was approved.

To contact the reporter on this story: Jana Marais in Johannesburg at jmarais@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus