Presmooi (Pty) Ltd, Savyon Building (Pty) Ltd and IPS Investments (Pty) Ltd and Drystone Investments (Pty) Ltd, Odeon Investments (Pty) Ltd and Adamax Property Projects, Persequor (Pty) Ltd

Case number: LM004Apr13

Case parties:

Primary Acquiring Firm: Presmooi (Pty) Ltd, Savyon Building (Pty) Ltd (First) Primary Target Firm: IPS Investments (Pty) Ltd and Drystone Investments (Pty) Ltd (First)

Case type: Large Merger
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2013-06-05
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: Market for the provision of rentable retail, light industrial,office, and residential space.
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Norman Manoim, Andiswa Ndoni, Mondo Mazwai

Case Files

Reasons For Decision

192,3KB