Significant Matters

Scaw Transaction

10 May 2012|In Significant Matters

Nortons Inc. represented various entities within the Scaw Group (including Scaw South Africa (Proprietary) Limited (“Scaw SA”) and Consolidated Wire Industries (Proprietary) Limited (“CWI”) in relation to the transaction in term of which the Industrial Development Corporation of South Africa Limited (the “IDC”) and certain of Scaw’s existing Black Economic Empowerment shareholders (“Main Street”) acquired Anglo South African Capital (Proprietary) Limited’s (“ASAC”) stake in the Scaw Group. In terms of the transaction, the IDC acquired a majority interest in Scaw SA. The transaction has been notified to competition authorities in the following jurisdictions: South Africa, Namibia, Botswana, Zimbabwe, Zambia and Brazil. The transaction is seen as an important aspect of the South African Government’s commitment to the domestic steel industry, as the Scaw Group is a vertically integrated producer of value added steel products and has, over a lengthy period, managed to develop globally recognised expertise in respect of the production of a wide range of products.

Paladin Capital / CAS and others

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in Paladin Capital Limited’s acquisition of the entire issued share capital in CA Sales and Distribution (Proprietary) Limited, Ansel Marketing (Proprietary) Limited, Frontline Marketing CC and CA Merchandising (Proprietary) Limited. Nortons Inc. assisted with the notifications to the Botswanan and Namibian competition authorities. This merger involved the sales and distribution sectors in Namibia and Botswana.

ABB / Coilmech

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in ABB South Africa (Proprietary) Limited’s acquisition of Coilmech (Proprietary) Limited as a going concern. This merger involved mechanical and braking systems used in the mining industry.

DHN Drinks / Sedibeng Brewery

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in the notification of the restructuring of existing shareholding arrangements in South Africa between Diageo plc, Heineken International B.V. and Namibian Breweries Limited (“NBL”), in terms of which DHN Drinks (“DHN”) will acquire 100% of Sedibeng Brewery (“Sedibeng”) from Heineken International, and Diageo Highland and NBL will acquire a 15.5% interest in Sedibeng (through its holdings of DHN shares). Once the transaction is concluded, the parties will hold shares in DHN in the following proportions: Heineken International and Diageo Highlands – each 42.25%; and NBL – 15.5%. This merger involves the alcoholic-beverages sector.

Wispeco / Xline

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in Wispeco (Proprietary) Limited’s acquisition of 80% of the issued shares of Xline Aluminium Solutions (Proprietary) Limited, as well as of certain claims from Perspex South Africa (Proprietary) Limited. This merger involved the aluminium sector.

Merial / Sanofi-Aventis

10 May 2012|In Significant Matters

Nortons Inc. advised both Merial and Sanofi-Aventis in relation to the notification of the joint venture, between the two companies, to the South African competition authorities. This was the subsequent notification to the Merck & Co acquisition of Schering-Plough, in which Nortons Inc. advised both companies in 2009.

Ferro Industrial Products / NCS Resins

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in Ferro Industrial Products (Proprietary) Limited’s acquisition of the entire issued share capital of NCS Resins (Proprietary) Limited. This merger involves the resins-manufacturing sector.

Adcorp / Paracon

10 May 2012|In Significant Matters

Nortons Inc. acted for both parties in Adcorp Holdings Limited’s acquisition of the entire issued share capital of Paracon Holdings Limited, excluding the Paracon shares held by subsidiaries of Paracon, by way of a scheme of arrangement in terms of section 114 of the Companies Act 71 of 2008.

Vedanta / Anglo American zinc assets

10 May 2012|In Significant Matters

Nortons Inc. assisted the merging parties in obtaining unconditional approval from the South African and Namibian competition authorities for the acquisition by Vedanta of Anglo American’s zinc assets.

Boxer Superstores / Metcash Trading Africa

10 May 2012|In Significant Matters

Nortons Inc. acted for Boxer Superstores (Proprietary) Limited (“Boxer”) (a subsidiary of Pick ‘n Pay stores) in the South African notification of the transaction in terms of which it was proposed that Boxer acquire, from Metcash Trading Africa (Proprietary) Limited, seven stores located in various parts of the country.