COMPANY COMMENT
It’s time for M&R to pursue its own opportunities
With Aton no longer hovering over it, the construction company should chart its own path to guide it to sustainable growth
23 July 2019 - 17:41
Last Friday was a busy day for corporate activity in SA. First came the news that PepsiCo has made an offer to buy Pioneer Foods in a deal worth more than R24bn. In a country that yearns for foreign direct investment, this has been hailed as a vote of confidence in the country.
Later the same the day, the Competition Commission announced its decision to block German firm Aton’s acquisition of Murray & Roberts (M&R). This brings to a halt Aton’s hostile takeover of M&R...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.