Merger Alert: TFC Operations (Pty) Ltd And PEG Retail Holdings (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 Tribunal has unconditionally approved the large merger between TFC Operations (Pty) Ltd (“TFC”) and PEG Retail Holdings (Pty) Ltd (“PEG”).
Tipe materie
Large merger
Partye betrokke
TFC Operations (Pty) Ltd And PEG Retail Holdings (Pty) Ltd
Tribunaalbeslissing
Approved without conditions
Uitgereik deur
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the large merger between TFC Operations (Pty) Ltd (“TFC”) and PEG Retail Holdings (Pty) Ltd (“PEG”).
The acquiring group provides retail services and supplies a variety of products and services mainly to customers operating in the agricultural sector, but also to the general public. It sells fuel directly to farmers and also controls and operates retail fuel stations.
PEG is an independent fuel retailer in South Africa.