COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA
Case No.: LM046Jun24
In the matter between:
DP World Logistics FZE Primary Acquiring Firm
And
Cargo Services Seafreight Limited Primary Target Firm
Panel: M Mazwai (Presiding Member)
G Budlender (Tribunal Member)
I Valodia (Tribunal Member)
Heard on: 06 August 2024
Decided on: 06 August 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 Ms Mondo Mazwai
06 August 2024
Date
Concurring: Adv Geoff Budlender SC and Prof Imraan Valodia