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COMPETITION TRIBUNAL OF SOUTH AFRICA

 

Case No: LM144Jan20/VAR197Mar23

 

 

In the matter between:

 

Thabong Coal (Pty) Ltd                                                 First Applicant

 

South32 SA Coal Holdings (Pty) Ltd                              Second Applicant

 

Seriti Resources Holdings (Pty) Ltd                              Third Applicant

 

And

 

Competition Commission of South Africa                      Respondent

 

Panel:                         AW Wessels (Presiding Member)

M Mazwai (Tribunal Panel Member)

S Goga (Tribunal Panel Member)

 

Heard on:                   31 March 2023

Decided on:                31 March 2023

 

 

Order

 

 

Having considered the unopposed application for the variation of the Conditions imposed by the Competition Tribunal in the merger between Thabong Coal (Pty) Ltd and South32 SA Coal Holdings (Pty) Ltd, Tribunal case number LM144Jan20, (“the Conditions”), it is ordered that:

 

1. To the extent that the Conditions impose any obligation on Thabong Coal (Pty) Ltd, such obligations will transfer to Seriti Resources Holdings (Pty) Ltd on the date on which Thabong Coal (Pty) Ltd transfers the shares that it holds in Seriti Power (Pty) Ltd (formerly South32 SA Coal Holdings (Pty) Ltd) to Seriti Resources Holdings (Pty) Ltd.

 

 

Presiding Member Mr Andreas Wessels

Concurring: Ms Mondo Mazwai and Ms Shaista Goga

 

 

Date: 31 March 2023

 

 

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