Hemipac Investments (Pty) Ltd And Ascension Properties (Pty) Ltd (In Business Rescue), In Respect of Portfolio of 10 (Ten) Property Rental Enterprises

Case number: LM112Oct23

Case parties:

Primary Acquiring Firm: Hemipac Investments (Pty) Ltd
Primary Target Firm: Ascension Properties (Pty) Ltd

Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-02-13
Sector: Real estate activities
Industry: Real Estate
Relevant market: Rentable A/B-office space
Remedy: 12A(3)(e) remedy
Competition Tribunal Members: Andiswa Ndoni, Anisa Kessery, Fiona Tregenna

Case Files

2024-02-16-Hemipac-Ascension-Merger-MediaRelease.html

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Hemipac Investments (Pty) Ltd And Ascension Properties (Pty) Ltd (In Business Rescue), In Respect of Portfolio of 10 (Ten) Property Rental Enterprises

Case Files

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