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...
by VDT Attorneys | Apr 15, 2024 | Competition Act, Competition Commission, Control, Doing Business in South Africa, Listed company, M&A, Mergers & Acquisitions, Private company M&A
OwnershipPrivate companies are generally owned by the persons and entities who establish them along with those invited to join. This usually results in ownership being concentrated among a handful of shareholders known to each other as the shareholding in the company...
by VDT Attorneys | Apr 15, 2024 | B-BBEE Act, Competition Commission, Doing Business in South Africa, M&A, Mergers & Acquisitions, Takeover Regulation
Major changes were implemented to the M&A landscape in 2019 by the Competition Amendment Act 18 of 2018 (“Amendment Act”). The Amendment Act included additional aspects for the Competition Commission to consider when evaluating M&A transactions,...