Merger Alert: Tribunal approves Pareto acquisition of landmark Sandton property portfolio; and GEPF, Phatisa and WIPHOLD investment in agricultural sector
2026-05-25
Kennisgewing
Die volgende samesmeltingswaarskuwing is slegs vir inligtingsdoeleindes en is nie bindend vir die Mededingingstribunaal of enige lid van die Tribunaal nie
Lead Text
The Competition Tribunal has unconditionally approved a merger that will see Pareto Ltd acquire several prominent Sandton assets, including the Sandton Convention Centre, the five-star Sandton Sun and Sandton Towers, the three-star Garden Court Sandton City Hotel and the Sandton CBD Virgin Active Gym...
Tipe materie
Large merger
Large merger
Large merger
Partye betrokke
Pareto Ltd and ERF 569 Sandown Extension 38, Registration Division IR, Gauteng Province and the Associated Rental Business
Government Employee Pension Fund (represented by Public Investment Corporation SOC Ltd), Hybrid SPV (Pty) Ltd, Wiphold Shelfco No.1 (Pty) Ltd and Zaad Holdings (Pty) Ltd
Government Employee Pension Fund (represented by Public Investment Corporation SOC Ltd), Hybrid SPV (Pty) Ltd, Wiphold Shelfco No.1 (Pty) Ltd and Zaad Holdings (Pty) Ltd
Tribunaalbeslissing
Approved without conditions
Approved without conditions
Approved without conditions
Uitgereik deur
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
On behalf of the Competition Tribunal of South Africa
Telefoon:
27123941383
Selfoon:
27824101195
E-pos:
GillianD@comptrib.co.za