Capitec Life Ltd And the Credit Life Insurance Business underwritten in the Cell Structure of Guardrisk Life Ltd
Case Number
LM057Jun24
Case type
Large Merger
Procedural matter
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
14-08-2024
Competition Tribunal Members
Andiswa Ndoni, Imraan Valodia, Liberty Mncube
Industry
Life Insurance
Relevant market
Provision of Life Insurance
Sector
Financial and insurance activities
Remedy
12A(3)(e) remedy
Case Name
Capitec Life And Credit Life Insurance Business
Primary Acquiring Firm
Capitec Life Ltd
Primary Target Firm
Credit Life Insurance Business