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ARTICLE · 28 SEPTEMBER 2017

New Merger Notification Thresholds And Filing Fees Effective 1 October 2017

As of 1 October 2017, new merger notification thresholds and filing fees will apply to mergers that are compulsorily notifiable to the South African Competition Commission.

CanadaCorporate/Commercial Law

As of 1 October 2017, new merger notification thresholds and filing fees will apply to mergers that are compulsorily notifiable to the South African Competition Commission.
In terms of the amendments, the threshold for an intermediate merger will be met where:

  • the acquiring and target firms have a combined turnover or assets (whichever combination is higher) of R600 million or more (currently the merger threshold amount is R560 million); and
  • the target firm has a turnover or assets (whichever is the higher) of at least R100 million (currently the merger threshold amount is R80 million).
    The thresholds for large mergers remain unchanged.

The revised merger filing thresholds are as shown in the table below.

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