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WeBuyCars deal approved
The Competition Tribunal has unconditionally approved the large merger between Transaction Capital and WeBuyCars, the regulator announced on Monday.
Transaction Capital will increase its shareholding in WeBuyCars through its wholly-owned subsidiary, Transaction Capital Motor Holdco (Pty) Ltd, giving it a controlling stake in the second-hand car company.
The Competition Tribunal has unconditionally approved the large merger between Transaction Capital and WeBuyCars, the regulator announced on Monday.
Transaction Capital will increase its shareholding in WeBuyCars through its wholly-owned subsidiary, Transaction Capital Motor Holdco (Pty) Ltd, giving it a controlling stake in the second-hand car company.