South Africa's Competition Commission has approved Open Access Data Centres' OADC acquisition of certain data centre operations owned by NTT Data South Africa, subject to public interest conditions.
The approved transaction will see OADC Propco SA Pty Ltd and Open Access Data Centres SA Pty Ltd OADC Opco acquire a portfolio of data centre assets operated by NTT Data South Africa. Both acquiring entities are wholly owned subsidiaries of Open Access Data Centres Mauritius Limited, which in turn is owned by the West Indian Ocean Cable Company Holding Company Limited WIOCC Holding Company.
WIOCC Holding Company, registered in Mauritius, controls several subsidiaries with operations across multiple sub-Saharan African markets. Together, these entities form the acquiring group.
