{"id":188347,"date":"2017-07-27T07:51:35","date_gmt":"2017-07-27T05:51:35","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=188347"},"modified":"2017-07-27T07:51:35","modified_gmt":"2017-07-27T05:51:35","slug":"eoh-merger-with-powertech-system-integrators-gets-approval","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/technology\/188347\/eoh-merger-with-powertech-system-integrators-gets-approval\/","title":{"rendered":"EOH merger with Powertech System Integrators gets approval"},"content":{"rendered":"<p>The <span lang=\"EN-US\">Competition Tribunal has<\/span> approved a large merger between EOH Industrial Technologies and certain business of Powertech.<\/p>\n<p>The merger has been approved without conditions, the Tribunal said in a statement.<\/p>\n<p>EOH Industrial Tech is wholly controlled by JSE-listed EOH Holdings, a technology solutions provider with key business in IT services, software, IT infrastructure, industrial technologies and business process outsourcing.<\/p>\n<p>Powertech is controlled by Power Technologies, which is controlled by JSE-listed Allied Electronics Corporation.<\/p>\n<p>The businesses forming the part of the transaction before the Tribunal are the businesses active in the markets for engineering information systems, power infrastructure management and energy management.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/it-services\/186243\/eoh-share-price-slammed-after-report-of-alleged-corruption\/\" target=\"_blank\" rel=\"noopener\">EOH share price slammed after report of alleged corruption<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Tribunal has approved a large merger between EOH Industrial Technologies and certain business of Powertech. <\/p>\n","protected":false},"author":10,"featured_media":51695,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9878],"tags":[1957],"class_list":["post-188347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-eoh"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/188347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=188347"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/188347\/revisions"}],"predecessor-version":[{"id":188359,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/188347\/revisions\/188359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/51695"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=188347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=188347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=188347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}