An analysis of the ownership of Ohorongo Cement's prospective buyer - West China Cement Limited - shows that this company, and Whale Rock, which owns Cheetah Cement, are under one fold, which, if approved, could deal a fatal blow for competition in the sector.
Market watchers are worried that if the takeover goes ahead, this will mark the end of competition in the cement sector and the potential for preferential contractual agreements and bidding advantages will become the norm.
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