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Tribunal approves Absa-Woolworths merger
South Africa’s Competition Tribunal on Thursday unconditionally approved the merger between the Absa Group and Woolworths Financial Services.
Woolworths Financial Services
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Absa, Woolworths announce joint venture
South Africa’s third-biggest bank, Absa, and food and clothing retailer Woolworths are to enter into a joint venture, the companies said in separate statements on Wednesday. The venture ”will provide Absa with access to customers in the retailer finance market at point-of-sale”, Absa said.
