Afrimat expects last approvals for Glenover acquisition to be received soon

Afrimat expects last approvals for Glenover acquisition to be received soon: The longstop date for the fulfilment of suspensive conditions related to JSE-listed Afrimat’s acquisition of mining company Glenover Phosphate and its Glenover mine has been set for April 30, 2024. Afrimat announced in December 2021 its intention to acquire 100% of the Glenover mine from current shareholders, with the remaining suspensive conditions being the approval of the Competition Commission and the Department of Mineral Resources and Energy.