Merger conditions: acquisition of select Massmart businesses
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23 January 2023
Following the Shoprite Group’s announcement in August 2021 that it intended to acquire select businesses from Massmart Holdings Limited – including Cambridge Food, Rhino and Massfresh (comprising Fruitspot and two meat processing plants), as well as 12 Cash & Carry stores – the Competition Tribunal approved the aforementioned transaction on 9 December 2022, subject to certain conditions.
Herewith the non-confidential version of the conditions imposed by the Competition Tribunal.
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