COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA
Case No.: LM002Apr24
In the matter between:
General Atlantic Partners, LP
Primary Acquiring Firm
And
Actis Holdings S.A.L.R (Luxembourg)
Primary Target Firm
Panel: M Mazwai (Presiding Member)
A Kessery (Tribunal Member)
T Vilakazi (Tribunal Member)
Heard on: 02 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
Ms Mondo Mazwai Date
Concurring: Adv Anisa Kessery and Prof Thando Vilakazi