CDH acted as counsel to Retailability
CDH acted as counsel to Retailability
CDH acted as counsel to Retailability on the conclusion of a transaction with Pepkor for the sale of its Legit, Style, Swagga and Boardmans businesses in South Africa, Botswana, Lesotho, Namibia and eSwatini.
Our Corporate & Commercial, and Competition Law practice areas acted for Retailability in the recent conclusion of a transaction whereby it will sell its Legit, Style, Swagga and Boardmans businesses in South Africa, Botswana, Lesotho, Namibia and eSwatini to various subsidiaries of Pepkor Holdings. The transaction is now in its implementation phase as various regulatory and third-party approvals are obtained before the businesses are sold.
The Deal team included: Willem Jacobs, Andrew Giliam, Albert Aukema
You might also be interested in

30 Jan 2025
by Natasha Fletcher, Liëtte van Schalkwyk and Akhona Mdunge
Reviving the Reaper: Considerations for lapsed agreements
When parties enter into an agreement, there may be additional approvals or consents that are required prior to the implementation of the underlying transaction. “ This agreement is subject to the suspensive condition that by no later than … ” is a provision that is common in such agreements.
Corporate & Commercial Law
3 min read

25 Jul 2024
by Naomi Mudyiwa
Controlled foreign company rules: To outsource or not to outsource?
Over the last few weeks, the South African tax advisory and business community have on various platforms debated the Constitutional Court’s (CC) recent judgment in Coronation Investment Management SA (Pty) Limited v Commissioner for the South African Revenue Service ZACC 11. The CC held that the taxpayer, Coronation Investment Management SA (Pty) Ltd, had a foreign business establishment (FBE) in Ireland despite the Irish business outsourcing some of its functions. As a result, the CC held that the taxpayer was exempt from section 9D of the Income Tax Act 58 of 1962 (ITA), so that the (net) income of its Irish subsidiary, which is a controlled foreign company (CFC) under section 9D, was not subject to tax in South Africa.
Tax & Exchange Control
9 min read

2 Sep 2024
by Fiona Leppan, Kgodisho Phashe and Onele Bikitsha
Strict liability and employers’ approach to the Occupational Health and Safety Act: Lessons from Joubert v Buscor Proprietary Limited
In Joubert v Buscor Joubert v Buscor Proprietary Limited (2013/13116) ZAGPPHC 1024, the application of strict liability under the Occupational Health and Safety Act 85 of 1993 (OHSA) remains significant. This case underscores the obligations of employers not only to their direct employees but also to third parties and subcontractors who may be impacted by their activities
Employment Law
2 min read

8 Aug 2024
by Sidumisile Zikhali and Johan de Lange
Local and regional trends in the bank, institutional and general debt markets
The banking, finance and projects space is a dynamic environment with market positions and the required legal advisory roles changing continuously. In recent months we have noticed increases in lending margins, a willingness to lend at upstream holding company levels on a basis which results in structural subordination to lenders at subsidiary operating cash flow level and the shift towards alternative lender finance. This article highlights some key aspects of these developments and the options available to both lenders and borrowers.
Banking, Finance & Projects
8 min read

19 Feb 2025
by Imraan Mahomed
Employment of Illegal foreigners
At CDH, we recognise that immigration law has never been more critical. Imraan Mahomed, Director in our Employment Law practice joined SAfm to discuss employment of Illegal foreigners.
Immigration Law
04:45 Minutes

16 Jan 2025
by Chris Charter
Is South African merger control raining on private equity’s Dezemba
Chris Charter, Director and Practice Head in the Competition Law practice was recently featured in DealMakersSA - Catalyst Q3 2024 to discuss “Is South African merger control raining on private equity’s Dezemba?”
Competition Law
1 min read