Presmooi (Pty) Ltd, Savyon Building (Pty) Ltd and IPS Investments (Pty) Ltd and Drystone Investments (Pty) Ltd, Odeon Investments (Pty) Ltd and Adamax Property Projects, Persequor (Pty) Ltd
Case Number
LM004Apr13
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
05-06-2013
Competition Tribunal Members
Norman Manoim, Andiswa Ndoni, Mondo Mazwai
Industry
Real estate activities with own or leased property
Relevant market
Market for the provision of rentable retail, light industrial,office, and residential space.
Sector
Real estate activities
Case File
Remedy
12A(3)(b) employment
Case Name
Presmooi Drystone
Primary Acquiring Firm
Presmooi (Pty) Ltd, Savyon Building (Pty) Ltd
Primary Target Firm
IPS Investments (Pty) Ltd and Drystone Investments (Pty) Ltd