Sasol Pension Fund And Luvon Investments (Pty) Ltd; PHG Property Holdings (Pty) Ltd, and Park Road Trading 7 (Pty) Ltd in Respect of 50 Percent Interest in Ferndale on Republic
Case Number
LM050Jun22
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
29-07-2022
Competition Tribunal Members
Andreas Wessels, Imraan Valodia, Mondo Blessing Mazwai
Relevant market
The market for the holding and management of rentable retail properties.
Sector
Real estate activities
Remedy
12A(3)(c) ability of small businesses to become competitive
Case Name
Sasol Pension Fund And Luvon Investments
Primary Acquiring Firm
Sasol Pension Fund
Primary Target Firm
Luvon Investments (Pty) Ltd