The Tribunal has unconditionally approved the large merger whereby RH Bophelo Operating Company (Pty) Ltd (RH Bophelo) seeks to acquire control of Rondebosch Medical Centre (RMC) and the property it is located on.
 
RH Bophelo holds various interests in independent hospital groups while RMC provides acute inpatient private hospital services including emergency, surgical, intensive care and oncology services.
 
The Commission, which assesses large mergers before referring them to the Tribunal for a decision, was of the view that the merger is unlikely to result in any price increases. Both RH Bophelo and RMC are affiliated to the National Hospital Network (NHN). The NHN negotiates tariffs with medical schemes on behalf of independent hospitals. Post-transaction, the status quo is expected to remain.
 
The Commission further found that the transaction does not raise any competition or public interest concerns and recommended approval without conditions.

Luvon Investment acquires Investec Property Fund’s shares in
Boitekong Mall
 

Luvon Investment (Pty) Ltd is to acquire Investec Property Fund Ltd’s (IPF) share in Boitekong Mall, following the Tribunal’s unconditional approval of the transaction.
 
Both parties to this merger are investors in real estate and both own shares in the Boitekong Mall in Rustenburg. In this transaction, Luvon Investment is acquiring the shares in the mall that IPF intends to sell. The property is a convenience centre with space that is rented out to various tenants.
 
The Commission found that the proposed transaction does not raise any significant competition or public interest concerns and recommended its unconditional approval.