Merger Alert: RMB Ventures Eight Proprietary Limited and Mohau Private Equity Fund 1 Proprietary Limited And Bulldog Group Holding Company
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 merger wherein RMB Ventures Eight (Pty) Ltd (“RMBV”) and Mohau Private Equity Fund 1 (Pty) Ltd (“Mohau”) wishes to acquire shareholding in the Bulldog Group Holding Company (“Bulldog Group”).
Uhlobo lwendaba
Large merger
Amaqembu ahilelekile
RMB Ventures Eight Proprietary Limited and Mohau Private Equity Fund 1 Proprietary Limited And Bulldog Group Holding Company
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 merger wherein RMB Ventures Eight (Pty) Ltd (“RMBV”) and Mohau Private Equity Fund 1 (Pty) Ltd (“Mohau”) wishes to acquire shareholding in the Bulldog Group Holding Company (“Bulldog Group”).
RMBV is a private equity investor that invests in African businesses.
Mohau is a newly formed private equity fund that invests in strategic sectors and commercial networks to facilitate growth and expansion.
Bulldog Group is active in the distribution of paint and consumables directly to panel beaters; it sells
capital equipment to panel beaters; it renders distribution services; and is a newly established property holding company.