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South Africa decisions
Decisions matching the current search
Airpots Company SA v Aviation Fuel Supply Assets (LM073Aug23) [2023] ZACT 58 (26 October 2023)
The Competition Tribunal unconditionally approved ACSA’s acquisition of BP Southern Africa’s aviation fuel supply assets at George and King Phalo airports.
ABSA Bank Ltd v Certain movable and immovable assets and claims (excluding any liabilities) of A Million Up 105 (Pty) Ltd (016394) [2013] ZACT 35 (27 May 2013)
The Competition Tribunal unconditionally approved ABSA Bank’s acquisition of assets from A Million Up 105 (Pty) Ltd, finding no likely competition or public interest concerns.
Competition Commission and Edgars Consolidated Stores Ltd and Others (95/FN/Dec02) [2003] ZACT 19 (24 March 2003)
The Tribunal found that the acquisition by Edgars Consolidated Stores Ltd of the book debts and ancillary rights from Retail Apparel (Pty) Ltd constituted the acquisition of part of a business, not merely an asset. The transaction provided Edgars with access to the seller's customer base, subsequent debts, and control over debtor management, thereby enhancing its competitive position in the retail apparel market. The structuring of the transaction into two legs was primarily for expediency and did not alter its substantive nature as a merger. The respondents implemented the merger prior to ob…
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