Vukile Property Fund Limited and Diecel Trade and Invest (Pty) Ltd And Protea Glen Shopping Centre (Pty) Ltd In Respect of a Letting Enterprise Known as Protea Glen Shopping Centre

Case number: LM010Apr16
Case parties: Primary Acquiring Firm: Diecel Trade and Invest (Pty) Ltd
Primary Acquiring Firm: Vukile Property Fund Limited
Primary Target Firm: Protea Glen Shopping Centre (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2016-07-20
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: Real estate activities with own or leased property
Remedy: Firewalls related to information sharing between competitors