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Competition Tribunal · 6 March 2019

Dynasty Acquisition And Standardaero Holding Corp

CT LM249Feb19 · case LM249Feb19

CourtCompetition Tribunal
Handed downWednesday 6 March 2019
CitationCT LM249Feb19
Case numberLM249Feb19
CoramNorman Manoim, Imraan Valodia, Mondo Blessing Mazwai

The judgment

The court's own file

GF competitiontribunal reuth africa COMPETITION TRIBUNAL OF SOUTH AFRICA Case No.: LM249Feb19 In the matter between: Dynasty Acquisition Co. Inc. Primary Acquiring Firm And StandardAero Holding Corp. Primary Target Firm Panel : N Manoim (Presiding Member) M Mazwai (Tribunal Member) | Valodia (Tribunal Member) Heard on : 06 March 2019 Decided on : 06 March 2019 ORDER Further to the recommendation of the Competition Commission in terms of section 14A(1)(b) of the Competition Act, 1998 (“the Act”) the Competition Tribunal orders that - 1. the merger between the abovementioned parties be approved in terms of section 16(2)(a); and 2. aWMerger Clearance Certificate be issued in terms of Competition Tribunal rule 35(5)(a). 06 March 2019 Date Concurring: Ms Mondo Mazwai and Prof. Imraan Valodia competitiontribunal south africa Merger Clearance Certificate Date: 06 March 2019 To: ENS Case Number: LM249Feb19 Dynasty Acquisition Co. Inc. And StandardAero Holding Corp. You applied to the Competition Commission on 25 January 2019 for merger approval in accordance with Chapter 3 of the Competition Act. Your merger was referred to the Competition Tribunal in terms of section 14A of the Act, or was the subject of a Request for consideration by the Tribunal in terms of section 16(1) of the Act. After reviewing all relevant information, and the recommendation or decision of the Competition Commission, the Competition Tribunal approves the merger in terms of section 16(2) of the Act, for the reasons set out in the Reasons for Decision. This approval is subject to: no conditions. [| the conditions listed on the attached sheet. The Competition Tribunal has the authority in terms of section 16(3) of the Competition Act to revoke this approval if a) it was granted on the basis of incorrect information for which a party to the merger was responsible. b) the approval was obtained by deceit. c) a firm concerned has breached an obligation attached to this approval. The registrar, Competition Tribunal: This form is prescribed by the Minister of Trade and Industry in terms of section 27 (2) of the Competition Act 1998 (Act No. 89 of 1998).

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