Lusanda Bill
1 June 2011
Cosatu says it still strongly opposes the merger between retail group Massmart and its American counterpart Walmart.
The 16-point-five-billion-Rands deal was approved yesterday by the Competition Tribunal.
The deal will see Walmart take over a 51-percent share of Massmart.
Cosatu spokesperson Patrick Craven says the approval comes as a blow to labour organisations and the country as a whole.
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