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Michelle Gumede is a companies writer for Business Day, covering the industrial sector spanning the manufacturing, logistics, chemicals and metalworking industries.
In October, JSE-listed Metair agreed to pay nearly R290m to acquire AutoZone, saying the deal would enable it to grow its automotive aftermarket units
Sun international says it is hopeful a different outcome will emerge from the Competition Tribunal and put it back in the running
In the event that AutoZone's actual net working capital at the closing date is less thanR344m, Metair has the right to terminate the agreement
Alex Thiel will assume new strategic project duties until his retirement at the end of December 2025
The Competition Commission has recommended that the Competition Tribunal approve the R6.5bn deal
