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Provider: Thomson Reuters Stock Report

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Sedgman Ltd Updates On MDM Engineering Group Limited Acquisition

Monday, 4 Feb 2013 01:55am EST 

Sedgman Ltd announced that it has issued an update on the proposed acquisition by way of merger with MDM Engineering Group Limited announced to the market on November 28, 2012. The Company confirmed that approval for the proposed merger has been received from the Tanzanian Fair Competition Commission. The application with the South African Competition Commission is progressing with a determination expected by March 2013. 

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