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COMPETITION TRIBUNAL OF SOUTH AFRICA

 

Case No.: LM159Feb20

 

In the matter between:

 

 

Dipula Income Fund Limited         Primary Acquiring Firm

 

And

 

Unlocked Properties 18 Proprietary Limited       Primary Target Firm

 

 

Panel  M Mazwai (Presiding Member), Y Carrim (Tribunal Panel Member), I Valodia (Tribunal Panel Member

 

 

Heard on      25 March 2020

Decided on   25 March 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 Mondo Mazwai

 

Concurring: Ms Yasmin Carrim and Prof. lmraan Valodia

 

DATE: 25 March 2020

 

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