Merger Alert: Namane Resources (Pty) Ltd And Ledjadja Coal (Pty) Ltd, Resgen South Africa (Pty) Ltd, Resgen SA Farms (Pty) Ltd and Waterberg One Coal (Pty) Ltd
Notice
The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal
Lead Text
The Tribunal has unconditionally approved the large merger wherein Namane Resources (Pty) Ltd (“Namane”) intend to acquire certain assets held in the following firms: Resgen South Africa (Pty) Ltd (“Resgen SA”); Resgen SA Farms (Pty) Ltd; Waterberg One Coal (Pty) Ltd (“Waterberg”); and Ledjadja Coal (Pty) Ltd (“Ledjadja”) (collectively the target group). Post-merger, Namane Group will have control of the target group.
Type of matter
Large merger
Parties involved
Namane Resources (Pty) Ltd And Ledjadja Coal (Pty) Ltd, Resgen South Africa (Pty) Ltd, Resgen SA Farms (Pty) Ltd and Waterberg One Coal (Pty) Ltd
Tribunal Decision
Approved without conditions
Issued By
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the large merger wherein Namane Resources (Pty) Ltd (“Namane”) intend to acquire certain assets held in the following firms: Resgen South Africa (Pty) Ltd (“Resgen SA”); Resgen SA Farms (Pty) Ltd; Waterberg One Coal (Pty) Ltd (“Waterberg”); and Ledjadja Coal (Pty) Ltd (“Ledjadja”) (collectively the target group). Post-merger, Namane Group will have control of the target group.
Namane Group comprises several firms with interests in mining and logistics. The target group constitutes assets and thus does not control any firms.
