CDC Group PLC And Divercity Urban Property Fund (Pty) Ltd

Case number: LM182Jan21
Case parties: Primary Acquiring Firm: CDC Group PLC
Primary Target Firm: Divercity Urban Property Fund (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2021-02-24
Sector: Real estate activities
Industry: Retail, residential and office property
Relevant market: The market for rentable retail, residential and office space
Competition Tribunal Members: Enver Daniels, Halton Cheadle, Mondo Blessing Mazwai