Telesure Investments Holdings And Renasa Holdings (Pty) Ltd, Concourse Holdings (Pty) Ltd and Summit Risk Holding (Pty) Ltd
Case Number
LM107Sep22
Case type
Large Merger
Procedural matter
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
22-12-2022
Competition Tribunal Members
Andiswa Ndoni, Andreas Wessels, Imraan Valodia
Industry
Insurance
Relevant market
Nartional provision of non-life insurance products
Sector
Financial and insurance activities
Case File 2
Remedy
12A(3)(a) industry/sector related
Case Name
Telesure Investments Holdings And Renasa Holdings
Primary Acquiring Firm
Telesure Investments Holdings
Primary Target Firm
Renasa Holdings (Pty) Ltd, Concourse Holdings (Pty) Ltd