Merger Alert: Redefine Properties Ltd And Mall Of The South (Pty) Ltd
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 (“Tribunal”) has unconditionally approved the merger whereby Redefine Properties Ltd (“Redefine”) intends to acquire Mall of the South (Pty) Ltd (“Mall of the South”).
Tipe materie
Large merger
Partye betrokke
Redefine Properties Ltd and Mall of the South (Pty) Ltd
Tribunaalbeslissing
Approved without conditions
Uitgereik deur
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
Redefine Properties Ltd and Mall of the South (Pty) Ltd
The Competition Tribunal (“Tribunal”) has unconditionally approved the merger whereby Redefine Properties Ltd (“Redefine”) intends to acquire Mall of the South (Pty) Ltd (“Mall of the South”).
The acquiring group (Redefine and all the firms directly and indirectly controlled by it) is active in the property sector, with a property portfolio comprising a diverse range of properties including office, retail, residential and industrial space throughout South Africa.
Mall of the South is a super-regional centre situated in Gauteng and comprises rentable retail space.
