SAFLII Note: Certain personal/private details of parties or witnesses have been
redacted from this document in compliance with the law and SAFLII Policy
COMPETITION TRIBUNAL OF SOUTH AFRICA
Case No.: LM058Aug21
In the matter between:
Nedbank Limited Primary Acquiring Firm
And
Erf […] Sandown Proprietary Limited Primary Target Firm
Panel: E Daniels (Presiding Member)
H Cheadle (Tribunal Panel Member)
I Valodia (Tribunal Panel Member)
Heard on: 27 September 2021
Decided on: 27 September 2021
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); and
2. a Merger Clearance Certificate be issued in terms of Competition Tribunal rule
35(5)(a).
Date: 27 September 2021
Presiding Member Mr Enver Daniels
Concurring: Mr Halton Cheadle and Prof. Imraan I. Valodia