African Bank Ltd And The CEF and CPF Business of Sasfin Bank Ltd
Case Number
LM021May24
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
26-07-2024
Competition Tribunal Members
Geoff Budlender, Imraan Valodia, Liberty Mncube
Industry
Banking sector
Relevant market
National retail banking and commercial banking
Sector
Financial and insurance activities
Case Name
African Bank And Sasfin Bank
Primary Acquiring Firm
African Bank Ltd
Primary Target Firm
The CEF and CPF Business of Sasfin Bank Ltd