Volkswagen Financial Services South Africa (Pty) Ltd and Volkswagen Financial Services South Africa, A Division of Wesbank, A division of FirstRand Bank Ltd
Case Number
LM029May13
Case type
Large Merger
Procedural matter
Case status
Reasons Issued
Outcome
Approved
Order date
26-06-2013
Competition Tribunal Members
Norman Manoim, Takalani Madima, Anton Roskam
Industry
Other financial service activities, except insurance and pension funding activities
Relevant market
Vehicle finance and short-term insurance services within South Africa
Sector
Financial and insurance activities
Case File
Case Name
Volkswagen Wesbank
Primary Acquiring Firm
Volkswagen Financial Services South Africa (Pty) Ltd
Primary Target Firm
Volkswagen Finacial Services South Africa, A Division of Wesbank