Impartial and independent adjudication to promote competitive
and inclusive markets with opportunities for all

Gevalle & Saaklêers

K2023645019 (South Africa) (Pty) Ltd A SPV Controlled by RMB Ventures Eight (Pty) Ltd and Bopa Moruo Fund 2 (Pty) Ltd And Aurex Holdings (RF) (Pty) Ltd

Case Number

LM206Mar23

Case type

Large Merger

Subcategories

Procedural matter

Type of merger

Horizontal

Case status

Reasons Issued

Outcome

Approved Subject to Conditions

Order date

01-06-2023

Competition Tribunal Members

Fiona Tregenna, Mondo Blessing Mazwai, Shaista Goga

Industry

Financial service activities, except insurance and pension funding

Relevant market

The market for investment and strategic input

Sector

Financial and insurance activities

Case File 2

Reasons Pdf

Case File 3

Order Pdf

Case File 4

Other Pdf

Case File 5

Other Pdf

Case File 6

Other Pdf

Remedy

12A(3)(e) remedy

Sections of the act

Case Name

K2023645019 And Aurex Holdings

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

K2023645019 (South Africa) (Pty) Ltd

Primary Target Firm

Aurex Holdings (RF) (Pty) Ltd

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number