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,...
by VDT Attorneys | Apr 15, 2024 | B-BBEE Codes, Competition Commission, Doing Business in South Africa, M&A, Mergers & Acquisitions, Takeover Regulation
Socio-political factorsThe South African economic and corporate environment is significantly shaped and affected by a myriad of socio-political factors. These factors also impact M&A transactions. Obvious examples include the complex South African labour...
by VDT Attorneys | Jan 28, 2024 | Competition Commission, Doing Business in South Africa, M&A, Mergers & Acquisitions
The Competition Commission is another key South African regulatory body governing Mergers and Acquisitions (“M&A”) in South Africa. the Competition Commission is established in terms of the Competition Act, No. 89 of 1998 (“Act”). The Competition Commission’s...
by VDT Attorneys | Jan 26, 2024 | Competition, Competition Commission, Due diligence, M&A, Takeover Regulation
In the dynamic landscape of South African business, M&A represent strategic mechanisms that can reshape industries, bolster market presence, and drive economic growth. There is also a plethora of legal implications involved, and embarking on such ventures is no...
by VDT Attorneys | May 29, 2023 | Competition, Competition Act, Competition Commission, Competition Tribunal
The proposed new rules prescribe how and when the Competition Commission may submit a recommendation to the Competition Tribunal regarding a divestiture. A divestiture is the sale or disposal of an asset by a company and the Competition Commission wishes to ensure...
by VDT Attorneys | Jan 10, 2023 | Competition Commission, Merger, Mergers & Acquisitions
The Competition Act 89 of 1998 (“Competition Act”) defines a merger as a “direct or indirect acquisition or direct or indirect establishment of control by one or more persons over all significant interest in the whole or part of the business of another firm”. Mergers...