
Competition Appeals Court dismisses Lewis Group’s bid to block Pepkor’s R3.2 billion acquisition of Shoprite’s furniture
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GUEST - Maphanga Maseko – Competition Law expert and Managing Director at Maseko Maphanga Attorneys
The Competition Appeals Court has ruled against Lewis Group in its attempt to intervene in Pepkor’s R3.2 billion acquisition of Shoprite’s furniture arm one of the biggest retail sector deals of the decade. At the heart of this legal battle lies a bigger question: when does fair competition cross into corporate obstruction?
The Competition Appeals Court has ruled against Lewis Group in its attempt to intervene in Pepkor’s R3.2 billion acquisition of Shoprite’s furniture arm one of the biggest retail sector deals of the decade. At the heart of this legal battle lies a bigger question: when does fair competition cross into corporate obstruction?