African Rainbow Capital Financial Services Holdings (Pty) Ltd And Commonwealth Bank of South Africa (Holding Company) Ltd
Case Number
LM161Aug18
Case type
Large Merger
Type of merger
Conglomarate
Case status
Reasons Issued
Outcome
Approved
Order date
2018-10-24 12:10:00
Competition Tribunal Members
Enver Daniels, Mondo Blessing Mazwai, Fiona Tregenna
Industry
Banking
Relevant market
Financial service activities, except insurance and pension funding
Sector
Financial and insurance activities
Case File 2
Primary Acquiring Firm
African Rainbow Capital Services Holdings (Pty) Ltd
Primary Target Firm
Commonwealth Bank of South Africa (Holding Company) Ltd
Secondary Target Firm
Commonwealth Bank of South Africa (Holding Company) Ltd
Hearing Parties
10 / H / K2018262882 (SA) And Commonwealth Bank of SA / LM161Aug18 / ED;MMA;FT
Hearing Start
2018-10-24 10:00:00
Hearing End
2018-10-24 16:00:00
Hearing Decision Date
2024-05-27 06:00:06