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Competition Tribunal · 23 September 2024

Q Link Holdings And Nutun Transact

CT LM091Aug24 · case LM091Aug24

CourtCompetition Tribunal
Handed downMonday 23 September 2024
CitationCT LM091Aug24
Case numberLM091Aug24
CoramAnisa Kessery, Imraan Valodia, Thando Vilakazi

The judgment

The court's own file

Ww competitiontribunal SOUTH AFRICA COMPETITION TRIBUNAL OF SOUTH AFRICA Case No.: LM091Aug24 In the matter between: Q Link Holdings (Pty) Ltd Primary Acquiring Firm And Nutun Transact (Pty) Ltd, Nutun Credit Health (Pty) Primary Target Firms Ltd and Accsys (Pty) Ltd Panel: A Kessery (Presiding Member) | Valodia (Tribunal Member) T Vilakazi (Tribunal Member) Heard on: 23 September 2024 Decided on: 23 September 2024 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) of the Act; and 2. a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a). Signed by:Anisa Kessery Signed at:2024-09-23 15:56:27 +02:00 Reason:Witnessing Anisa Kessery 23 September 2024 Presiding Member Date Adv. Anisa Kessery Professor Imraan Valodia and Professor Thando Vilakazi concurring w competitiontribunal SOUTH AFRICA Notice CT 10 About this Notice 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. Contacting the Tribunal The Competition Tribunal Private Bag X24 Sunnyside Pretoria 0132 Republic of South Africa tel: 27 12 394 3300 e-mail: ctsa@comptrib.co.za Merger Clearance Certificate Date =: 23 September 2024 To ENS Attorneys Case Number: LM091Aug24 Q Link Holdings (Pty) Ltd And Nutun Transact (Pty) Ltd, Nutun Credit Health (Pty) Ltd and Accsys (Pty) Ltd You applied to the Competition Commissionon 14 August 2024 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) itwas 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 Shogiie Habeas 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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