Merger Alert: Tribunal approves Discovery’s acquisition of its own head office building, Discovery Place
2026-03-25
Qaphela
Lesi Isaziso Sokuhlanganisa esilandelayo senzelwe izinjongo zolwazi kuphela futhi asibophezeli ku-Competition Tribunal nanoma yiliphi ilungu le-Tribunal.
Lead Text
The Tribunal has unconditionally approved a property transaction involving the Discovery Group’s head office in Sandton, Gauteng. In terms of the transaction, Discovery Propco (Pty) Ltd will acquire Sections 2 and 3 of the sectional title scheme known as 1 Discovery Place...
Uhlobo lwendaba
Large Merger
Amaqembu ahilelekile
Discovery Propco (Pty) Lte and Growthpoint Properties Ltd And Growthpoint Properties Ltd and the trustees for the time being of the Truzen 114 Trust in respect of the property known as 1 Discovery Place
Isinqumo Senkantolo
Approved without conditions
Kukhishwe ngu
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
On behalf of the Competition Tribunal of South Africa
Ucingo:
27123941383
Umakhalekhukhwini:
27824101195
I-imeyili:
GillianD@comptrib.co.za