PSG - shortlisted for the DealMakers Brunswick Deal of the Year 2022

CDH is working with the PSG Group on a complex deal, valued at over R20 billion, that incorporates M&A, capital markets and restructuring.

14 Feb 2023 1 min read Featured work

Related sectors

Mergers & Acquisitions

Related services

Corporate & Commercial Law
Competition Law
Tax & Exchange Control

Our team is advising PSG on the restructuring of the group, which includes the unbundling of all PSG Group's shares in PSG Konsult, Kaap Agri, Curro, Stadio and CA Sales, which are all listed on the Johannesburg Stock Exchange. This restructuring falls under the Companies Act 71 of 2008 because, ahead of its delisting, the PSG Group is disposing of the majority of its assets and repurchasing shares from the majority of shareholders in terms of a scheme of arrangement.

You might also be interested in

20 Nov 2024

by Arnold Mbeje and Yaniv Kleitman

A stake in your future: Issuances of shares for future consideration

It is common to encounter share subscription transactions where the consideration is payable to the issuer company on a deferred or future date (i.e. “ future consideration ”). However, it is not always easy to spot a scenario where future consideration is at play, often resulting in the relevant provisions of the Companies Act 71 of 2008 (Act) being overlooked. Several interesting issues regarding the interpretation of section 40(5) of the Act arise in thisregard.

Corporate & Commercial Law

5 min read

2 Apr 2024

by Jackwell Feris, Timothy Baker and Veronica Connolly

Early Detection of Fraud and/or Corruption in Arbitrations: Lessons from the Recent English Court Decisions?

Two recent English Commercial Court decisions serve as a warning to dishonest parties hoping to exploit the arbitral process to obtain or enforce fraudulent or corrupt arbitration awards. The English courts generally follow a non-interventionist approach when it comes to the challenge of enforcement of arbitral awards. However, these recent decisions signify that the Commercial Court can and will use its statutory powers to intervene, investigate and order disclosure to uphold the legitimacy of the arbitral process and parties’rights.

Dispute Resolution

7 min read

30 Oct 2024

by Roy Barendse and Divina Naidoo

Dying for a cash in: Life insurance claims amid criminal investigations

South Africa grapples with one of the highest crime rates in the world, driven by a multitude of factors. The South African Police Service (SAPS) is significantly outnumbered by offenders, and its efforts are hampered by a lack of resources and inadequate training. Unfortunately, this situation has become a norm rather than an anomaly for SouthAfricans.

Insurance Law

7 min read

5 Aug 2024

by Leila Moosa

What would the “reasonable employer” do?

On 8 July 2024 the High Court of South Africa, Free State Division, Bloemfontein delivered judgment in the decade-long case of Louw v Fourie NO and Another (3074/2016) ZAFSHC137. The matter involved Tilana Alida Louw, a theatre manager at Netcare Universitas Hospital in Bloemfontein who was pursuing a claim for damages under the actio iniuriarum in the amount of R627,000 (with interest and costs) against Dr S P Grobler, the first defendant, and Netcare Universitas Hospital, the second defendant. Grobler had conducted a private practice at Netcare and had performed surgeries at the hospital’s surgical theatres, making use of its staff

Employment Law

4 min read

12 Sep 2024

Mergers vs retrenchment – How the law is geared towards saving jobs

Lara Granville, Director in the Competition Law practice joined Nqaba Mabece on SAfm to discuss Mergers vs retrenchment – How the law is geared towards saving jobs.

Competition Law

24:56 Minutes

28 Nov 2024

by Alysa Bunting, Alecia Pienaar and Alistair Young

Newly released 2022 Grid Emission Factors Report: A guide to accurate emission reporting for electricity usage

In the face of an increasingly environmentally-conscious landscape, South African businesses have been under pressure to accurately report on their carbon footprint, particularly in relation to Scope 2emissions.

Environmental Law

3 min read