EOH merger gets approval
THE COMPETITION Tribunal has approved a large merger between EOH Industrial Technologies and certain business of Powertech System Integrators. The tribunal yesterday approved the merger without conditions. EOH Industrial Tech is wholly controlled by JSE-listed EOH Holdings, a technology solutions provider. EOH’s key business areas are information technology (IT) services, software, IT infrastructure, industrial technologies and business process outsourcing. EOH shares declined 1.4 percent on the JSE yesterday to close at R106.