IVY 2 Investments VCC And New Holdco, A New Company Formed For The Purpose of This Transaction Which Has Yet to Be Incorporated

Case number: LM184Jan21
Case parties: Primary Acquiring Firm: IVY 2 Investments VCC
Primary Target Firm: New Holdco
Case type: Large Merger
Type of merger: Conglomarate
Case status: Reasons Issued
Outcome: Approved
Order date: 2021-02-24
Sector: Other service activities
Industry: Sea and coastal freight water transport
Relevant market: The acquiring group is in the Investment market; Target group is in market for shipping agency services and container sales
Competition Tribunal Members: Enver Daniels, Halton Cheadle, Mondo Blessing Mazwai