South Africa: Competition Commission Calls for Premier Group's R6.5bn Rhodes Merger to Be Canned

South Africa: Competition Commission Calls for Premier Group's R6.5bn Rhodes Merger to Be Canned

Premier Group maintains its compliance in the face of a Competition Commission objection that could cost it billions.

Christo Wiese's Premier faces bid to revoke RFG merger

South African billionaire Christo Wiese’s Premier Group is fighting the Competition Commission’s bid to revoke its nearly R6 billion RFG merger.

Premier-RFG merger in trouble over undisclosed plans to close Tulbagh cannery - Inside Politics

The Competition Commission has moved to revoke approval of the Premier-RFG merger after finding that the companies failed to disclose plans that could see more than 400 workers lose their jobs, and South Africa’s fruit-canning market effectively reduced to a monopoly.

Freedom Front Plus welcomes further steps regarding Premier Foods’ Tulbagh plant

The Freedom Front Plus (VF Plus) welcomes the steps taken by the Competition Commission regarding Premier Foods’ intended closure of its fruit processing plant in Tulbagh. The Commission has officially filed an application with the Competition Tribunal to reconsider the approval of Premier’s takeover of Rhodes Food Group, after concern arose that the enterprise may […]

Competition Commission moves to revoke Premier-RFG's R5.6bn merger over 'non-disclosure'

The Competition Commission has applied to the Competition Tribunal to revoke its approval of a merger between Premier Group and RFG Holdings, alleging that the parties failed to disclose material information about plans to close a major fruit-canning facility in the Western Cape before the transaction was cleared. The commission said it filed an application under Section 16(3) of the Competition Act on Monday, seeking to overturn the tribunal’s …