The South African Competition Commission has unconditionally approved NEC Corporation of Japan's proposed acquisition of CSG Systems International.
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This decision removes a key regulatory obstacle for NEC's full acquisition of CSG Systems International. The acquisition aims to integrate both parties' resource advantages in the fields of information technology and communication solutions, and is expected to enhance NEC's competitiveness in the global digital services market. Upon completion of the transaction, CSG Systems International will become a wholly-owned subsidiary of NEC Group, while retaining its existing brand and business structure.
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