COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA
Case No.: LM033May24
In the matter between:
Masimo Ventures (Pty) Ltd and Mr Conrad Primary Acquiring Firms
Dana Kgwadi
And
CBD Residency (Pty) Ltd and CBD Residency 2 (Pty) Ltd Primary Target Firms
Panel: A Wessels (Presiding Member)
G Budlender (Tribunal Member)
I Valodia (Tribunal Member)
Heard on: 04 July 2024
Decided on: 04 July 2024
ORDER
Further to the recommendation of the Competition Commission in terms of
section 14A(1)(b) of the Competition Act, 1998 (“the Act”) the Competition Tribunal
orders that–
1. the merger between the abovementioned parties be approved in terms of
section 16(2)(a) of the Act; and
2. a Merger Clearance Certificate be issued in terms of Competition Tribunal
Rule 35(5)(a).
Presiding Member 04 July 2024
Mr Andreas Wessels Date
Concurring: Adv Geoff Budlender SC and Prof Imraan Valodia