Merger Alert: Growthpoint Healthcare Property Holdings Ltd and Bidvest Properties (Pty) Ltd And Growthpoint Securitisation Warehouse Trust
Qaphela
Lesi Isaziso Sokuhlanganisa esilandelayo senzelwe izinjongo zolwazi kuphela futhi asibophezeli ku-Competition Tribunal nanoma yiliphi ilungu le-Tribunal.
Lead Text
The Tribunal has conditionally approved the large merger wherein Growthpoint Healthcare Property Holdings (RF) Ltd (“GHPH”) and Bidvest Properties (Pty) Ltd (“Bidvest Properties”) will acquire a property from Growthpoint Securitisation Warehouse Trust (“the target property”). Following the implementation of the proposed merger, the target property will be jointly controlled by GHPH and Bidvest Properties.
Uhlobo lwendaba
Large merger
Amaqembu ahilelekile
Growthpoint Healthcare Property Holdings Ltd and Bidvest Properties (Pty) Ltd And Growthpoint Securitisation Warehouse Trust
Isinqumo Senkantolo
Approved with conditions
Kukhishwe ngu
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has conditionally approved the large merger wherein Growthpoint Healthcare Property Holdings (RF) Ltd (“GHPH”) and Bidvest Properties (Pty) Ltd (“Bidvest Properties”) will acquire a property from Growthpoint Securitisation Warehouse Trust (“the target property”). Following the implementation of the proposed merger, the target property will be jointly controlled by GHPH and Bidvest Properties.
GHPH is an unlisted real estate investment trust (“REIT”) which invests exclusively in healthcare property assets. Bidvest Properties is a property investment company. The target property is known as Adcock Ingram Midrand and comprises a warehouse with office facilities.
