JD GROUP LIMITED - COMPETITION APPEAL COURT RULING
JD GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
Share code: JDG
ISIN:ZAE000030771
("JD Group" or "the Group")
COMPETITION APPEAL COURT RULING
The Competition Appeal Court has today heard the appeal by JD Group against the
conditions imposed by the Competition Tribunal on JD Group"s acquisition of
Profurn Limited ("the merger"). The Appeal Court has subsequently ordered that
all the conditions imposed by the Competition Tribunal on the merger be set
aside and that the approval of the merger therefore be made unconditional. As a
result JD Group will be able to source any of its merchandise for the enlarged
Group from any supplier.
25 September 2003
Enquiries:
JD Group Limited
Tel: + 27 11 408 0213
David Sussman, Group Executive Chairman
Jan Bezuidenhout, Director Corporate Services
College Hill
Tel: + 27 11 447 3030
Angela Parr
Johannes van Niekerk
Date: 25/09/2003 05:42:26 PM Produced by the JSE SENS Department
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