Commission approves 3 large mergers

Cape Town - The Competition Commission on Friday announced it had approved three separate large mergers involving the telecoms, chemical and property sectors.

The commission said the Competition Tribunal, to which it referred the mergers, had approved the deals in hearings held on Thursday.

They are:

-- Wireless application service provider Blue Label Telecoms acquiring a controlling interest in distributor Viamedia;

-- Gas and chemical company Air Products buying Sasol Chemical Industries' A2100 Air Separation Unit and associated plants, storage facilities and certain pipelines; and,

-- Property group Resilient Properties acquiring the entire issued share capital and immovable property of Gauteng mixed-use retail complex Jubilee Mall.