SAA and Takatso Aviation merger gets Competition Tribunal’s nod

The Competition Tribunal of South Africa has given its approval for the proposed merger between South African Airways (SAA) and Takatso Aviation Proprietary Limited, with divestiture and employment conditions. Takatso Aviation will acquire a 51% stake in SAA, while the Department of Public Enterprises (DPE) will retain a 49% shareholding. Takatso minority shareholders will be forced to divest from the transaction. The Department of Public Enterprises (DPE) has formally accepted the Tribunal’s decision to approve the merger, recognizing it as a significant step in the government’s efforts to boost SAA’s balance sheet. It allows Takatso and the DPE to proceed with their