Commission can flip on Burger King deal, says Tembinkosi Bonakele
But Competition Commission boss says transformation still trumps shareholders
01 August 2021 - 00:04
Competition Commission boss Tembinkosi Bonakele says it could reverse its hugely controversial decision to block the sale of Burger King by Grand Parade Investments (GPI) to US-based Emerging Capital Partners (ECP) if it improves its empowerment offer.
“We are entertaining proposals on how the sale could be allowed subject to a remedy,” says Bonakele...
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