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ISCOR SHOWS ITS METTLE.
Steel producer Iscor raced 10 percent higher on the JSE Friday after the Competition Commission approved the proposed merger between Iscor and Saldanha Steel. The counter bounced to R11,70 by noon. The Competition Tribunal must still approve the recommendation before the merger, worth R181-million, can go ahead. The JSE overall index gained 0,85 percent to 10401, following Wall Street higher. Sasol gained 2,7 percent, against the news of an imminently higher ...
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