African Rainbow Capital Financial Services Holdings (Pty) Ltd And Commonwealth Bank of South Africa (Holding Company) Ltd
Case Number
LM161Aug18
Case type
Large Merger
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 Name
K2018262882 (SA) And Commonwealth Bank of SA
Primary Acquiring Firm
African Rainbow Capital Services Holdings (Pty) Ltd
Primary Target Firm
Commonwealth Bank of South Africa (Holding Company) Ltd