Nedbank Ltd and RMH Property HOLDCO (Pty) Ltd And Divercity Urban Property Fund (Pty) Ltd.
Case Number
LM083Jun18
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
2018-10-23 12:10:00
Competition Tribunal Members
Norman Manoim, Yasmin Carrim, Medi Mokuena
Industry
Real estate activities with own or leased property
Relevant market
The market for the provision of rentable retail, residential and office spaces
Sector
Real estate activities
Primary Acquiring Firm
Nedbank Ltd and RMH Property HOLDCO (Pty) Ltd
Primary Target Firm
Divercity Urban Property Fund (Pty) Ltd
Secondary Target Firm
Divercity Urban Property Fund (Pty) Ltd
Hearing Parties
10 / H / Nedbank And Divercity / LM083Jun18 / YC;AN;MM
Hearing Start
2018-10-03 10:00:00
Hearing End
2018-10-03 16:00:00
Hearing Decision Date
2024-05-27 06:00:06