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 | Jan 28, 2024 | Competition, Competition Act, Control, Doing Business in South Africa
According to Section 12 of the Act, a merger takes place when one or more firms directly or indirectly acquire or establish direct or indirect ‘control’ over all or a portion of another firm’s operations. The term ‘firm’ in this sense refers to not only...
by VDT Attorneys | Jan 28, 2024 | Competition, Competition Act, Control, Doing Business in South Africa, M&A, Mergers & Acquisitions
A merger takes place when one or more companies, either directly or indirectly, acquire direct or indirect control over the whole or part of the business of another company. A merger can happen by means of buying or leasing shares and assets, a joint venture agreement...