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Competition Tribunal approves East Rand Mall acquisition

The Competition Tribunal has unconditionally approved the acquisition by property loan stock group Redefine and Vukile Property Fund of the East Rand Mall, in Boksburg, from Sanlam Life Insurance for R2.23-billion. The property companies reported on Wednesday that all conditions precedent to the acquisition had been fulfilled and that the transfer of the property was expected to take place in early April.

Authors: Dubai Engineering Jobs Admin

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