Sasol Pension Fund; Luvon Investments (Pty) Ltd; and Litapro (Pty) Ltd And Eden Meander
Case Number
LM142Dec23
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2024-02-28 12:10:00
Competition Tribunal Members
Andiswa Ndoni, Anisa Kessery, Liberty Mncube
Industry
Real Estate
Relevant market
Rentable retail properties
Sector
Real estate activities
Case File
Remedy
C5 12A(3)(e) remedy
Primary Acquiring Firm
Sasol Pension Fund Ltd; Luvon Investments (Pty) Ltd; and Litapro (Pty) Ltd
Primary Target Firm
Accelerate Property Fund Ltd
Secondary Target Firm
Accelerate Property Fund Ltd
Hearing Parties
10 / H / Sasol Pension Fund And Eden Meander / LM142Dec23 / AN;AK;LM
Hearing Start
2024-02-28 10:00:00
Hearing End
2024-02-28 12:00:00
Hearing Decision Date
2024-05-27 06:00:02