Blow for Innscor
…as Supreme Court rejects merger
STAFF WRITER The Supreme Court has delivered a decisive blow to Innscor Africa Limited, siding with the Competition and Tariff Commission (CTC) by overturning a High Court ruling that had approved the merger of Innscor subsidiaries Profeeds and Ashram Investments. While the High Court previously upheld the merger, citing public interest benefits such as job…
