Copy
View this email in your browser
Merger Alert
Date of release: 11 April 2022
OUTCOME OF MERGER DECIDED BY THE TRIBUNAL
Type of matter Parties involved Tribunal decision
Large Merger Okavango Biology Luxembourg SARL And Sonnedix Solar South Africa Holdings (Pty) Ltd Approved without conditions
The Tribunal has unconditionally approved the large merger between Okavango Biology Luxembourg SARL (“Okavango”) and Sonnedix Solar South Africa Holdings (Pty) Ltd (“Sonnedix”).
 
Okavango, incorporated in accordance with the laws of Luxembourg, is a holding company with interests in the renewable energy industry. It focuses on investment in renewable energy projects in Africa and has invested in projects within the Renewable Energy Independent Power Producer Procurement Programme (“REIPPPP”) in South Africa.
 
Sonnedix  is engaged in the development, construction and operation of solar energy projects. The Sonnedix Group develops, builds, owns, and operates solar power plants across Organisation for Economic Co-operation and Development (“OECD”) markets.
 
Issued by:

Gillian de Gouveia, Communications Officer
On behalf of the Competition Tribunal of South Africa
Cell: +27 (0) 82 410 1195
E-Mail: GillianD@comptrib.co.za
Twitter: @comptrib
LinkedIn: 
https://www.linkedin.com/company/competition-tribunal-of-south-africa
Twitter
Website
Our mailing address is:
ctsa@comptrib.co.za

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.