Sasfin Bank Limited and Fintech (Pty) Ltd
Case Number
LM177Jan15
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
12-03-2015
Competition Tribunal Members
Medi Mokuena, Andreas Wessels, Imraan Valodia
Industry
Financial services except insurance and pension funding
Relevant market
Business banking, capital, treasury, wealth management, transactional banking and commercial solutions.
Sector
Financial and insurance activities
Case File
Remedy
12A(3)(b) employment
Case Name
Sasfin Bank Fintech
Primary Acquiring Firm
Sasfin Bank Ltd
Primary Target Firm
Fintech (Pty) Ltd