The Bidvest Group Limited (JSE:BVT) entered into an agreement to acquire 40% stake in Bidvest Wits Football Club from The University of the Witwatersrand on June 17, 2020. The acquisition is subject to approval of Premier Soccer League executive committee. Morne van der Merwe of Baker & McKenzie South Africa acted as a legal advisor to The Bidvest Group Limited (JSE:BVT).