Aeci Limited - Competition Tribunal Approval For C
Aeci Limited - Competition Tribunal Approval For Chemserve Transaction.
AECI LIMITED
(AECI)
(Incorporated in the Republic of South Africa)
(Registration No. 1924/002590/06)
Share code: AFE
ISIN No. ZAE 000000220
Competition Tribunal approval for Chemserve transaction.
On Tuesday, 26 April 2005, the Competition Tribunal granted final approval,
subject to certain conditions being met, for Chemical Services Limited
(Chemserve) to acquire Chemiphos (Pty) Limited. From 1 May 2005, therefore,
Chemiphos will become a wholly-owned subsidiary of Chemserve.
Chemiphos manufactures and supplies specialist polyphosphoric acid to catalyst
manufacturers, and food grade phosphoric acid to the food and beverage industry.
It also distributes products for a number of international principals.
Chemserve is a wholly-owned subsidiary of AECI.
Sponsor:
JPMorgan Equities Limited
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