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

Gevalle & Saaklêers

Sanlam Life Insurance Ltd and ARC Financial Services Investments (Pty) Ltd And Capital Legacy Solutions (Pty) Ltd

Case Number

LM188Feb23

Case type

Large Merger

Subcategories

Procedural matter

Type of merger

Horizontal

Case status

Reasons Issued

Outcome

Approved

Order date

26-05-2023

Competition Tribunal Members

Fiona Tregenna, Tembeka Ngcukaitobi, Thando Vilakazi

Industry

Relevant market

Market for the provision of fiduciary services

Sector

Financial and insurance activities

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Case File 6

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Remedy

Sections of the act

Case Name

Sanlam Life Insurance And Capital Legacy Solutions

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

Sanlam Life Insurance Ltd and ARC Financial Services Investments (Pty) Ltd

Primary Target Firm

Capital Legacy Solutions (Pty) Ltd

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number