Foschini Retail Group (Pty) Ltd And The Assets and Business Conducted by Edcon Ltd (“EDCON”) as a Going Concern Under The “JET” Division Out of Certain of Edcons Physical Retail Stores in South Africa

Case number: LM087Aug20
Case parties: Primary Acquiring Firm: Foschini Retail Group (Pty) Ltd
Primary Target Firm: The Assets and Business Cunducted by Edcon Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2020-09-23
Sector: Wholesale and retail trade - repair of motor vehicles and motorcycles
Industry: Apparel retailing
Relevant market: Retail sale of other goods in specialised stores
Sections of the act: 16(3)
Remedy: 12A(3)(a) industry/sector related
Competition Tribunal Members: Mondo Blessing Mazwai, Enver Daniels, Yasmin Carrim