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Amsons' bid for Bamburi Cement gets Comesa approval

Amsons Group CEO Edha Nahdi. [File, Standard]

Amsons Group, the Tanzanian business conglomerate, has received regulatory approval from Common Market for Eastern and Southern Africa's (Comesa) Competition Commission for its proposed acquisition of up to 100 per cent of Bamburi Cement.

The commission confirmed Thursday the proposed acquisition falls within its ambit and does not pose a competition risk within the common market.

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