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Attacq Waterfall Investment Company (Pty) Ltd v 20% Undivided Share held by ATT MOA 20 (Pty) Ltd in Mall of Africa (LM026May24) [2024] ZACT 25 (25 June 2024)

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COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA

 

Case No.: LM026May24

 

In the matter between:


 


Attacq Waterfall Investment Company (Pty) Ltd

Primary Acquiring Firm

 


And


 


The 20% undivided share held by ATT MOA 20 (Pty) Ltd in Mall of Africa

Primary Target Firm

 

Panel:                    L Mncube (Presiding Member)

                             G Budlender (Tribunal Member)

                             T Vilakazi (Tribunal Member)

Heard on:              25 June 2024

Decided on:           25 June 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).

 

Signed by:Liberty Mncube

Signed at:2024-06-25 18:07:46 +02:00

Reason:Witnessing Liberty Mncube

 

Presiding Member                                                                      25 June 2024

Prof Liberty Mncube                                                                        Date

 

Concurring: Adv Geoff Budlender SC and Prof Thando Vilakazi