Merger Alert: Tribunal approves Discovery’s acquisition of its own head office building, Discovery Place
2026-03-25
Tsebišo
Tlhokomedišo ya Kopanyo ye e latelago ke ya merero ya tshedimošo fela gomme ga e tlama Lekgotla la Phadišano goba leloko lefe goba lefe la Lekgotla
Lead Text
The Tribunal has unconditionally approved a property transaction involving the Discovery Group’s head office in Sandton, Gauteng. In terms of the transaction, Discovery Propco (Pty) Ltd will acquire Sections 2 and 3 of the sectional title scheme known as 1 Discovery Place...
Mohuta wa taba
Large Merger
Mekgatlo yeo e amegago
Discovery Propco (Pty) Lte and Growthpoint Properties Ltd And Growthpoint Properties Ltd and the trustees for the time being of the Truzen 114 Trust in respect of the property known as 1 Discovery Place
Sephetho sa Lekgotla
Approved without conditions
E Ntšhitšwe Ke
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
On behalf of the Competition Tribunal of South Africa
Mogala:
27123941383
Mogalathekeng:
27824101195
E-Mail ya go dira dilo:
GillianD@comptrib.co.za