Hemipac Investments (Pty) Ltd And Ascension Properties (Pty) Ltd (In Business Rescue), In Respect of Portfolio of 10 (Ten) Property Rental Enterprises
Case Number
LM112Oct23
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
13-02-2024
Competition Tribunal Members
Andiswa Ndoni, Anisa Kessery, Fiona Tregenna
Industry
Real Estate
Relevant market
Rentable A/B-office space
Sector
Real estate activities
Case File 2
Remedy
12A(3)(e) remedy
Case Name
Hemipac Investments And Ascension Properties
Primary Acquiring Firm
Hemipac Investments (Pty) Ltd
Primary Target Firm
Ascension Properties (Pty) Ltd