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Crunch time nears in Universal takeover

An independent valuation and the official offer are both expected soon

Gareth Tredway
The Kangala colliery 65km from Johannesburg in the Witbank coalfield

The Kangala colliery 65km from Johannesburg in the Witbank coalfield

First, the KPMG Independent Expert’s Report commissioned by Universal is expected imminently, according to Universal chief executive, Tony Weber. The document should provide a “fair value” of the business...

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