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Wilene van Greunen
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Media24 announces Novus merger
Media24 has today announced that Competition Tribunal has approved the merger of Media24 and Novus.
The approval includes a condition that Media24 divest itself of the majority of its shareholding in Novus while retaining a non-controlling minority stake of 19%.
The media company announced in April that the Competition Commission had recommended the merger to the Competition Tribunal for approval.















