The proposed acquisition of Vivo Energy by Mount Meru Group faces a procedural delay after Malawi’s Competition and Fair Trading Commission (CFTC) confirmed it has not yet received the necessary regulatory filing.
CFTC spokesperson Innocent Helema stated that the commission is awaiting the formal application before it can begin the review process required to grant approval for the takeover.
Without this submission, the regulator cannot assess the deal’s impact on market competition or consumer interests in the country’s energy sector.
The lack of a filing suggests that the transaction may still be in the final stages of preparation or that the parties are addressing pre-submission requirements.
For investors tracking the consolidation of energy assets in the region, the delay introduces uncertainty regarding the closing timeline and the eventual structure of the combined entity.
Market participants will now look for confirmation that the application has been lodged with the CFTC.