Competition Appeal Court to hold Sibanye, Lonmin merger hearing on April 2

JSE- and NYSE-listed Sibanye-Stillwater on Friday announced that the Competition Appeal Court of South Africa had set April 2 as the date to hear the appeal filed by the Association of Mineworkers and Construction Union (AMCU) against Sibanye’s planned takeover of LSE- and JSE-listed Lonmin.

AMCU’s appeal, filed in December, is against the Competition Tribunal’s approval of the takeover, which as announced in November.