by Tenile Timmins | Mar 3, 2025 | Competition Commission, M&A, Mergers & Acquisitions
Before the enactment of the Amendment Act, section 118 of the Act defined a ‘regulated company’ as a profit company which is a party to an ‘affected transaction’ or an offer involving the securities of such company and which includes – (a) a public company; (b) a...
by Tenile Timmins | Feb 27, 2025 | Competition Commission, Constitutional Court, Mergers & Acquisitions, Retrenchments
The dispute originated from a larger merger in 2016, which combined several South African companies into the single entity Coca-Cola Beverages South Africa (Pty) Ltd (Coca-Cola). The merger was approved by the Competition Commission under the Competition Act 89 of...
by VDT Attorneys | Feb 5, 2025 | Competition Commission, Competition Tribunal, Mergers & Acquisitions, Public Interest
Maziv and Vodacom had significant pre-merger plans to expand coverage, particularly in underserved low-income areas. The proposed merger would have seen Vodacom acquire 30% interest in Mazviv. However, on 08 August 2023, the Competition Commission recommended to the...
by VDT Attorneys | Oct 3, 2024 | Competition Commission, Indivisible Transactions, M&A, Mergers & Acquisitions
Notification requirements In terms of the Act, the normal requirements for the notification of a merger transaction to the Commission are that the transaction must constitute a merger as defined in the Act and that the transaction must meet the prescribed monetary...
by VDT Attorneys | Apr 15, 2024 | Asset purchase, B-BBEE Commission, Competition Commission, Doing Business in South Africa, M&A, Mergers & Acquisitions, Takeover Regulation
Before unpacking the various methods in which an M&A can be effected, it is worthwhile to revisit the concept of what is an M&A. Typically a merger or acquisition takes place where one or more companies merge or are acquired to form a single entity or...
by VDT Attorneys | Apr 15, 2024 | B-BBEE Act, Competition Commission, M&A, Mergers & Acquisitions
The Competition Commission is the guardian of fair competition in South Africa, with its primary objective the prevention of anti-competitive behaviour to ensure markets remain open, competitive, and conducive to consumer welfare. When assessing M&A, the...
