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Merger Alert
Date of release: 11 July 2022
OUTCOME OF MERGER DECIDED BY THE TRIBUNAL
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Type of matter Parties involved Tribunal decision
Large merger Namane Resources (Pty) Ltd And Ledjadja Coal (Pty) Ltd, Resgen South Africa (Pty) Ltd, Resgen SA Farms (Pty) Ltd and Waterberg One Coal (Pty) Ltd Approved without conditions
The Tribunal has unconditionally approved the large merger wherein Namane Resources (Pty) Ltd (“Namane”) intends to acquire certain assets held in the following firms: Resgen South Africa (Pty) Ltd (“Resgen SA”); Resgen SA Farms (Pty) Ltd; Waterberg One Coal (Pty) Ltd (“Waterberg”); and Ledjadja Coal (Pty) Ltd (“Ledjadja”) (collectively the target group). Post-merger, Namane Group will have control of the target group.
 
Namane Group comprises several firms with interests in mining and logistics. The target group constitutes assets and thus does not control any firms.
 
Issued by:

Gillian de Gouveia, Communications Officer
On behalf of the Competition Tribunal of South Africa
Tel: +27 (0) 12 394 1383
Cell: +27 (0) 82 410 1195
E-Mail: GillianD@comptrib.co.za
Twitter: @comptrib
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ctsa@comptrib.co.za

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