by VDT Attorneys | May 6, 2025 | AI, Competition Commission, M&A, Mergers & Acquisitions
Under the Competition Act 89 of 1998, the Competition Commission and the Takeover Regulation Panel are mandated to evaluate mergers based on competition concerns and public interest factors. However, even with the 2019 amendments to the Competition Act, there is...
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 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 | May 8, 2024 | Doing Business in South Africa, M&A, Merger, Mergers & Acquisitions
The excitement sparked by QBS Technology Group’s acquisition of Maxtec Peripherals has been the topic of considerable media attention and discussion throughout the cybersecurity distribution industry. This strategic move aligns with QBS Technology Group’s...
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...