GroCapital Holdings (Pty) Ltd And South African Bank of Athens Ltd
Case Number
LM065May18
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2018-09-12 12:10:00
Competition Tribunal Members
Norman Manoim, Andiswa Ndoni, Medi Mokuena
Industry
Monetary intermediation
Relevant market
Provision of banking services
Sector
Financial and insurance activities
Case File
Remedy
Firewalls related to information sharing between competitors
Primary Acquiring Firm
Gropcapital Holdings (Pty) Ltd
Primary Target Firm
South African Bank of Athens Ltd
Secondary Target Firm
South African Bank of Athens Ltd
Hearing Parties
10 / H / Gropcapital And SA Bank of Athens / LM065May18 / NM;AN;MM
Hearing Start
2018-09-12 10:00:00
Hearing End
2018-09-12 12:00:00
Hearing Decision Date
2024-05-27 06:00:06