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South Africa's Competition Tribunal Tuesday conditionally approves Glencore's (GLCNF.PK) $80B...
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Tuesday, January 22, 5:45 AM ETSouth Africa's Competition Tribunal Tuesday conditionally approves Glencore's (GLCNF.PK) $80B merger with Xstrata (XSRAY.PK) but limits the combined group's ability to lay workers off. Last week, the companies reached a deal with unions over any job cuts and with state-owned electricity producer Eskom Holdings about possible coal price increases. Now all the merger needs is approval from China.
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