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17
Dec
2015
SA's consumer watchdog approves CoAL-Universal tie-upBy:Creamer Media Senior Deputy Editor: Australasia COAL The South African Competition Commission has approved ASX-listed Coal of Africa’s (CoAL) bid for fellow coal miner Universal Coal.
In November this year, CoAL formally launched a A$126.4-million takeover bid for Universal Coal, rivaling an offer from Universal shareholder IchorCoal.
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