New entity, Gatsby SPV intends to acquire certain Cell C assets
JOHANNESBURG –
The Competition Commission has conditionally approved the proposed transaction in which a newly formed entity intends to acquire some of Cell C’s assets.
The Competition Commission has conditionally approved the proposed transaction in which a newly formed entity intends to acquire some of Cell C’s assets.
The commission said today that it had recommended to the Competition Tribunal to conditionally approve the proposed transaction in which Gatsby SPV intends to acquire certain assets of Cell C’s assets.
It said that Gatsby SPV was a ring-fenced newly incorporated special purpose vehicle which was incorporated for the sole purpose of entering into the proposed transaction.
Source: iol.co.za