FPG Holdings (Pty) Ltd And Shoprite Checkers (Pty) Ltd in Respect of the Immovable Property Known as Sitari Village Centre

Case number: LM148Jan25
Case parties: Primary Acquiring Firm: FPG Holdings (Pty) Ltd
Primary Target Firm: Shoprite Checkers (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2025-03-05
Sector: Real estate activities
Industry: Property
Relevant market: The market for the provision of rentable retail space in convenience centres within a 15km radius of the Target Property.
Competition Tribunal Members: Andiswa Ndoni, Geoff Budlender, Imraan Valodia