MEDIA RELEASES

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Merger Alert: Outcome of mergers decided by the Tribunal - 26 July 2024

Posted 26 July 2024

The Tribunal has conditionally approved the merger whereby the acquiring firms (comprising a number of firms through Vision Investments 155 (Pty) Ltd) intend to collectively acquire control over Tongaat Hulett Limited (in business rescue) through the implementation of an approved business rescue plan... Continue reading

Merger Alert: Outcome of mergers decided by the Tribunal - 3 July 2024

Posted 03 July 2024

The Tribunal has approved the proposed merger wherein Bunge Global SA intends to acquire Viterra Limited, subject to a condition that is aimed at preserving competition in the marketing and supply of wheat... Continue reading

Merger Alert: Outcome of mergers decided by the Tribunal - 28 June 2024

Posted 28 June 2024

The Tribunal has unconditionally approved the merger wherein Attacq Waterfall Investment Company (Pty) Ltd intends to acquire an undivided share in Mall of Africa... Continue reading

Merger Alert: Outcome of mergers decided by the Tribunal - 26 June 2024

Posted 26 June 2024

The Tribunal has approved the proposed merger whereby Prax South Africa (Pty) Ltd intends to acquire TotalEnergies Marketing South Africa (Pty) Ltd’s interest in National Petroleum Refiners of South Africa (Pty) Ltd. The Tribunal has approved the merger subject to conditions which involve historically disadvantaged persons (“HDP”) transaction(s) and capital expenditure commitments... Continue reading

Merger Alert: Outcome of mergers decided by the Tribunal - 14 June 2024

Posted 14 June 2024

The Tribunal has unconditionally approved the merger whereby Arzatouch (Pty) Ltd intends to acquire a 50% undivided share of the rights held by Equites Property Fund Limited in a light industrial property known as “Amrod” ... Continue reading

Tribunal confirms settlement agreement in plant and equipment hire cartel case

Posted 12 June 2024

A firm involved in the provision of plant and equipment to the construction industry has agreed to pay a R480 000 administrative penalty, in settlement of a cartel case in which it is accused of price fixing and/or fixing trading conditions in contravention of section 4(1)(b)(i) of the Competition Act... Continue reading

Merger Alert: Outcome of mergers decided by the Tribunal - 7 June 2024

Posted 07 June 2024

The Tribunal has approved the proposed merger which envisages a share exchange agreement whereby Telesure Investment Holdings (Pty) Ltd will sell 1Life Insurance (RF) Ltd to Clientèle Ltd. The Tribunal has approved the transaction subject to conditions that address information exchange concerns... Continue reading

Merger Alert: Grindrod Holdings (South Africa) (Pty) Ltd And Grindrod Rail Consultancy Services (Pty) Ltd

Posted 05 June 2024

The Competition Tribunal has unconditionally approved the proposed merger wherein Grindrod Holdings (South Africa) (Pty) Ltd intends to acquire shares in Grindrod Rail Consultancy Services (Pty) Ltd, thereby shifting from joint to sole control over GRCS... Continue reading

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REASON STATUS

DATE

Type	Case #	Parties	Date	Press Release
Large Merger	LM018May24	Burstone Group And Investec Property	2024-06-14	Download
Large Merger	LM016May24	Arzatouch And Equites Property Fund	2024-06-14	Download
Settlement Agreement	CR066Aug21/SA175Feb24	CC And Hard Hat Equipment	2024-06-12	Download
Large Merger	LM185Mar24	Clientele And 1Life Insurance	2024-06-07	Download
Large Merger	LM023May24	Zikhethele Trade 4 And Nedbank	2024-06-07	Download
Large Merger	LM003Apr24	Bankenveld District City And Witwatersrand	2024-06-07	Download
Large Merger	LM013Apr24	Community Property Company And Boitekong Mall	2024-06-07	Download
Large Merger	LM019May24	Grindrod Holdings And Grindrod Rail Consultancy Services	2024-06-05	Download
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