Capitec Life Ltd And The Funeral Insurance Business Underwritten in The Cell Structure of Centriq Life Insurance Company Ltd
Case Number
LM152Dec23
Case type
Large Merger
Procedural matter
Type of merger
Conglomerate
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
14-03-2024
Competition Tribunal Members
Anisa Kessery, Fiona Tregenna, Liberty Mncube
Industry
Life Insurance
Relevant market
Funeral insurance policies
Sector
Financial and insurance activities
Case File 2
Remedy
12A(3)(c) ability of small businesses to become competitive
Case Name
Capitec Life And The Funeral Insurance Business
Primary Acquiring Firm
Capitec Life Ltd
Primary Target Firm
The Funeral Insurance Business