Glacier Financial Solutions (Pty) Ltd And The ABSA Lisp Business
Case Number
LM090Aug22
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
23-09-2022
Competition Tribunal Members
Andiswa Ndoni, Yasmin Carrim, Imraan Valodia
Industry
Financial service activities, except insurance and pension funding
Relevant market
The market for open end investment funds
Sector
Financial and insurance activities
Remedy
12A(3)(b) employment
Case Name
Glacier Financial Solutions And ABSA Lisp Business
Primary Acquiring Firm
Glacier Financial Solutions
Primary Target Firm
ABSA Lisp Business