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IDC given leave to challenge Anglo's iron ore deals

SOUTH Africa's Competition Tribunal has given state-owned Industrial Development Corp leave to ch...

Greg Tubby

The IDC, which has a 14% interest in Kumba and an 8.8% stake in Iscor, Kumba's major domestic iron ore customer, said the deals would create a monopoly in the SA iron ore sector. It argued the transactions...

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