August 15, 2020

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Competition Tribunal approves Glencore’s bid to acquire Chevron South Africa via OTS

South Africa’s Competition Tribunal has conditionally approved Glencore’s proposed acquisition of Chevron South Africa Proprietary Limited (CSA), via Off The Shelf Investments Fifty Six (RF) Proprietary Limited (OTS), which exercised its right of first refusal to purchase Chevron South Africa’s assets. During its acquisition process, Glencore said it will be supporting OTS as its technical […]

September 14, 2018
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Glencore reportedly bidding for Chevron Corp.’s South African assets after Sinopec deal stalls

Glencore Plc, a global integrated commodity producer and marketer, was reported to be among the companies considering bidding for Chevron Corp.’s South African assets after a proposed sale to China Petroleum & Chemical Corp. (Sinopec) stalled. Chevron’s local partners apparently announced that they will exercise their preemptive right. Chevron Corp. announced last year that it […]

October 4, 2017