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[2020] ZACT 86
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Mahindra and Another v Ardour Automotive Private Limited (LM143Jan20) [2020] ZACT 86 (19 February 2020)
COMPETITION
TRIBUNAL OF SOUTH AFRICA
Case
No.: LM143Jan20
In
the matter between:
Mahindra
and Mahindra Limited Primary
Acquiring Firm
And
Ardour
Automotive Private Limited Primary
Target Firm
Panel:
Y Carrim
(Presiding Member)
AW Wessels (Tribunal
Panel Member)
F Tregenna (Tribunal
Panel Member)
Heard
on: 19 February 2020
Decided
on: 19 February 2020
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 Yasmin Carrim
Concurring:
Mr Andreas Wessels and Prof. Fiona Tregenna
Date:
19 February 2020