Harith Secures Antitrust Clearance for Acquisition of South African Carrier FlySafair

Comp Commission backs Harith-FlySafair deal

The Competition Commission has recommended that the Competition Tribunal approve Harith’s proposed acquisition of FlySafair, subject to conditions …

South African antitrust watchdog backs FlySafair sale

South Africa's Competition Commission has recommended the conditional approval of a merger between special purpose vehicle (SPV) Harith Aviation Proprietary Limited and Safair Holdings, the parent company of low-cost carrier FlySafair (FA, Johannesburg O.R. Tambo). The recommendation, albeit with certain conditions to alleviate competition concerns, has been forwarded to the country's Competition Tribunal for a final decision, according to a sta…

Harith secures antitrust clearance for acquisition of South African carrier FlySafair

Private equity firm Harith General Partners has received antitrust approval for its proposed acquisition of South African low-cost airline FlySafair, marking a key step towards completing the transaction, according to a report by Bloomberg. South Africa’s Competition Commission has recommended that the Competition Tribunal approve the deal, subject to a number of conditions. The acquisition is expected to help FlySafair resolve regulatory concer…