GroCapital Holdings (Pty) Ltd And South African Bank of Athens Ltd
Case Number
LM065May18
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
12-09-2018
Competition Tribunal Members
Norman Manoim, Andiswa Ndoni, Medi Mokuena
Industry
Monetary intermediation
Relevant market
Provision of banking services
Sector
Financial and insurance activities
Case File
Remedy
Firewalls related to information sharing between competitors
Case Name
Gropcapital And SA Bank of Athens
Primary Acquiring Firm
Gropcapital Holdings (Pty) Ltd
Primary Target Firm
South African Bank of Athens Ltd