New Holdco (Pty) Ltd And Edgars Consolidated Stores Ltd

Case number: LM270Mar19
Case parties: Primary Acquiring Firm: New Holdco
Primary Target Firm: Edgars Consolidated Stores Ltd
Case type: Large Merger
Type of merger: Conglomarate
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2019-05-09
Sector: Wholesale and retail trade - repair of motor vehicles and motorcycles
Industry: Retail sale of other goods in specialised stores
Relevant market: market for the retail of apparel, cosmetics, homeware and mobile cellular products
Remedy: 12A(3)(c) ability of small businesses to become competitive
Competition Tribunal Members: Enver Daniels, Medi Mokuena, Mondo Blessing Mazwai