Sasol Pension Fund; Luvon Investments (Pty) Ltd; and Litapro (Pty) Ltd And Eden Meander

Case number: LM142Dec23
Case parties: Primary Acquiring Firm: Sasol Pension Fund Ltd; Luvon Investments (Pty) Ltd; and Litapro (Pty) Ltd
Primary Target Firm: Accelerate Property Fund Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-02-28
Sector: Real estate activities
Industry: Real Estate
Relevant market: Rentable retail properties
Remedy: 12A(3)(e) remedy
Competition Tribunal Members: Andiswa Ndoni, Anisa Kessery, Liberty Mncube