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Competition Tribunal · 15 May 2024

Slip Knot Investments 777 And Liberty Group

CT LM008Apr24 · case LM008Apr24

CourtCompetition Tribunal
Handed downWednesday 15 May 2024
CitationCT LM008Apr24
Case numberLM008Apr24
CoramAndiswa Ndoni, Anisa Kessery, Imraan Valodia

The judgment

The court's own file

COMPETITION TRIBUNAL OF SOUTH AFRICA Case No.:LM008Apr24 In the matter between: Slip Knot Investments 777 Proprietary Limited Primary Acquiring Firm And Liberty Group Limited in respect of the property known as Libridge Primary Target Firm Panel: A Kessery(Presiding Member) I Valodia(Tribunal Member) A Ndoni(Tribunal Member) Heard on: 15May2024 Decidedon: 15May2024 ORDER Further to the recommendation of the Competition Commission in terms of section 1.the merger between the abovementioned partiesbeapproved in terms of section 16(2)(a) of the Act; and 2.a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a). 15May2024 Presiding Member Adv.Anisa Kessery Date Concurring: Prof. Imraan Valodiaand Ms Andiswa Ndoni Date : 15 May 2024 To : Vani Chetty Attorneys Case Number: LM008Apr24 Slip Knot Investments 777 (Proprietary) Limited And Liberty Group Limited in Respect of The Property Known As Libridge You applied to the Competition Commission on 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: x 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 Notice CT 10 About this Notice 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). Contacting the Tribunal The Competition Tribunal Private Bag X24 Sunnyside Pretoria 0132 Republic of South Africa tel: 27 12 394 3300 fax: 27 12 394 0169 e-mail: ctsa@comptrib.co.za Merger Clearance Certificate This notice is issued in terms of section 16 of the Competition Act. You may appeal against this decision to the Competition Appeal Court within 20 business days.

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