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The Standard Group Plc is a
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South Africa's Competition Tribunal on Tuesday conditionally approved a SABMiller and Coca-Cola deal to combine their African soft drink operations into what would be the continent's biggest Coke drinks bottler.
In a bid to fast-track the antitrust probe, SABMiller and Coca-Cola struck a deal with the South African government earlier this month that included an 800 million rand ($53 million) investment to support small businesses and a three-year freeze on layoffs. [nL5N18172C]
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