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COMPETITION TRIBUNAL OF SOUTH AFRICA

 

Case No.: LM143Jan20

 

 

In the matter between:

 

Mahindra and Mahindra Limited          Primary Acquiring Firm

 

And

 

Ardour Automotive Private Limited        Primary Target Firm

 

 

Panel:           Y Carrim (Presiding Member)

AW Wessels (Tribunal Panel Member)

F Tregenna (Tribunal Panel Member)

 

Heard on:     19 February 2020

 

Decided on: 19 February 2020

 

 

ORDER

 

 

Further to the recommendation of the Competition Commission in terms of section 14A(1)(b) of the Competition Act, 1998 ("the Act") the Competition Tribunal orders that-

 

 

1.   the merger between the abovementioned parties be approved in terms of section 16(2)(a) of the Act; and

 

2.   a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a).

 

 

Presiding Member Ms Yasmin Carrim

Concurring: Mr Andreas Wessels and Prof. Fiona Tregenna

 

Date: 19 February 2020

 

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