Impartial and independent adjudication to promote competitive
and inclusive markets with opportunities for all

Gevalle & Saaklêers

African Rainbow Capital Financial Services Holdings (Pty) Ltd And Commonwealth Bank of South Africa (Holding Company) Ltd

Case Number

LM161Aug18

Case type

Large Merger

Subcategories

Procedural matter

Type of merger

Conglomerate

Case status

Reasons Issued

Outcome

Approved

Order date

24-10-2018

Competition Tribunal Members

Enver Daniels, Mondo Blessing Mazwai, Fiona Tregenna

Industry

Banking

Relevant market

Financial service activities, except insurance and pension funding

Sector

Financial and insurance activities

Case File

Other Pdf

Case File 3

Other Pdf

Case File 4

Other Pdf

Case File 5

Other Pdf

Case File 6

Other Pdf

Remedy

Sections of the act

Case Name

K2018262882 (SA) And Commonwealth Bank of SA

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

African Rainbow Capital Services Holdings (Pty) Ltd

Primary Target Firm

Commonwealth Bank of South Africa (Holding Company) Ltd

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number