Merger Alert: K2022877768 (South Africa) (Pty) Ltd And SANTS Private Higher Education Institution (Pty) Ltd
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 the proposed merger whereby K2022877768 (South Africa) (Pty) Ltd (“Bidco”) intends to acquire SANTS Private Higher Education Institution (Pty) Ltd (“SANTS”) from J2LD Investments (Pty) Ltd (“J2LD”).
Uhlobo lwendaba
Large merger
Amaqembu ahilelekile
K2022877768 (South Africa) (Pty) Ltd And SANTS Private Higher Education Institution (Pty) Ltd
Isinqumo Senkantolo
Approved without conditions
Kukhishwe ngu
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the proposed merger whereby K2022877768 (South Africa) (Pty) Ltd (“Bidco”) intends to acquire SANTS Private Higher Education Institution (Pty) Ltd (“SANTS”) from J2LD Investments (Pty) Ltd (“J2LD”).
Bidco is a newly incorporated entity that will house the business of SANTS post-merger
SANTS is a distance-learning tertiary education business which specialises in professional teaching qualifications. SANTS has three accredited distance learning programmes, namely (i) Diploma in Grade R Teaching, (ii) Bachelor of Education in Foundation Phase Teaching and (iii) Bachelor of Education in Intermediate Phase Teaching.