CDH advises M&C Saatchi South Africa
CDH advises M&C Saatchi South Africa
CDH advises M&C Saatchi South Africa leadership team in relation to its acquisition of all the shares in M&C Saatchi South Africa held by M&C Saatchi plc.
CDH's Corporate & Commercial and Tax & Exchange Control practice areas advised the purchaser consortium, comprising the M&C Saatchi South Africa leadership, in relation to the acquisition of all the shares in M&C Saatchi South Africa Group held by M&C Saatchi plc. The transaction represents an important milestone for the South African M&C Saatchi business which will, following the transaction, be majority-owned and operated by local management.
You might also be interested in
20 Nov 2024
by Tamarin Tosen and Carmin Botha
Deferred purchase price and interest in share sale agreements: The National Credit Act
The National Credit Act 34 of 2005 (NCA) is not a piece of legislation that springs to mind when negotiating share sale transactions. This is mainly since share sale transactions typically do not constitute credit agreements and, if they do (due to payment deferral provisions), the NCA still wouldn’t apply where the purchaser (being the “ credit consumer ”) is a juristic person whose annual turnover or asset value equals or exceeds R1 million or where the purchase price is R250,000 or more, and the purchaser’s annual turnover or asset value is below R1million.
Corporate & Commercial Law
6 min read
4 Sep 2024
by Chris Charter and Duran Naidoo
A balancing act or dangerous imbalance? Discussing the Evolution and Import of the Public Interest Assessment in the Competition Act
The public interest assessment element of merger control has undergone significant transformation since the Competition Act's inception.
Competition Law
19:00 Minutes
30 Oct 2024
by Alecia Pienaar, Deepesh Desai and Azola Ndongeni
Quarterly Energy Market Update – Q3 2024
South Africa’s energy sector is undergoing significant change, as both public and private sectors seek to find ways to balance energy security with the country’s decarbonisation objectives. The CDH Quarterly Energy Market Update aims to highlight the material legal developments that are shaping the market, with the intention of distilling what is relevant for our clients and their businesses.
Projects & Energy
8 min read
25 Nov 2024
by Aadil Patel, Nadeem Mahomed and Lynsey Foot
Section 189A: Must there be compliance with your internal collective agreement before embarking on strike action?
On 13 November 2024, ArcelorMittal South Africa (Pty) Ltd (AMSA) launched an urgent application to declare intended strike action by the National Union of Metalworkers of South Africa (NUMSA) and the General Industries Workers Union of South Africa and their respective members (employees), scheduled to commence at 05h00 on Thursday, 14 November 2024, unprotected and to interdict and restrain them from participating in the intended strike action.
Employment Law
2 min read
10 Dec 2024
by Brigitta Mangale and Elgene Roos
A guide on how to apply for a protection order in terms of the Domestic Violence Act 116 of 1998
Today marks the commemorative close of 16 Days of Activism Against Gender Based Violence
Pro Bono & Human Rights
01:14 Minutes
25 Jul 2024
by Alysa Bunting, Alecia Pienaar and Alistair Young
The ban on drones in angling
The fishing industry has experienced a drastic transformation since the introduction of drone technology and other remote-controlled devices in fishing practices. These innovative tools have revolutionised traditional recreational fishing methods as they are used to carry bait or lures to further locations and previously inaccessible fishing spots. This essentially allows the fishing range to be extended and enhances the efficiency of fishingexpeditions.
Environmental Law
3 min read