Capitec Bank Ltd And Mercantile Bank Holdings Ltd
Case Number
LM266Mar19
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
2019-05-15 12:10:00
Competition Tribunal Members
Enver Daniels, Mondo Blessing Mazwai, Fiona Tregenna
Industry
Other monetary intermediation
Relevant market
The national market for the provision of banking services.
Sector
Financial and insurance activities
Case File 2
Primary Acquiring Firm
Capitec Bank Ltd
Primary Target Firm
Mercantile Bank Holdings Ltd
Secondary Target Firm
Mercantile Bank Holdings Ltd
Hearing Parties
10 / H / Capitec Bank And Mercantile Bank Holdings / LM266Mar19 / ED;MMA;FT
Hearing Start
2019-05-15 10:00:00
Hearing End
2019-05-15 12:00:00
Hearing Decision Date
2024-05-27 06:00:06