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[2020] ZACT 90
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Dipula Income Fund Limited v Unlocked Properties 18 Proprietary Limited (LM159Feb20) [2020] ZACT 90 (25 March 2020)
COMPETITION
TRIBUNAL OF SOUTH AFRICA
Case
No.: LM159Feb20
In
the matter between:
Dipula
Income Fund Limited
Primary Acquiring Firm
And
Unlocked
Properties 18 Proprietary Limited
Primary Target Firm
Panel
M Mazwai (Presiding Member), Y Carrim (Tribunal Panel Member), I
Valodia (Tribunal Panel Member
Heard
on 25 March 2020
Decided
on 25 March 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
Mondo Mazwai
Concurring:
Ms Yasmin Carrim and Prof. lmraan Valodia
DATE:
25 March 2020