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Metair Investments Ltd Announces Clearance From The Turkish Competition Authority For Proposed Acquisition In Turkey


Thursday, 21 Nov 2013 10:35am EST 

Metair Investments Ltd announced that with reference to the announcement made on October 10, 2013, wherein Shareholders were advised that the Company (acting through a subsidiary) entered into various agreements resulting in a category 1 acquisition in terms of the Listings Requirements of the JSE Limited (Transaction). The Company now announced that the Turkish Competition Authority has cleared the Transaction. Financial advisor to Metair: Absa Bank Limited (acting through its Corporate and Investment Banking Division) and Barclays Bank PLC (acting through its investment bank). Sole bookrunner, sole debt advisor and transaction sponsor to Metair: Absa Bank Limited (acting through its Corporate and Investment Banking Division) Independent Sponsor to Metair: One Capital. South African corporate law advisors to Metair: Taback and Associates (Pty) Ltd Independent reporting accountants: PricewaterhouseCoopers Inc. Turkish legal advisors to Metair: Taboglu & Demirhan Attorneys at Law. Legal advisors to Absa Bank Limited and Barclays Bank PLC: Bowman Gilfillan Inc. 

Company Quote

3552.0
27.0 +0.77%
27 Nov 2014