African Rainbow Capital Fund And Fledge Capital (Pty) Ltd.
Case Number
LM236Nov17
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
25-04-2018
Competition Tribunal Members
Enver Daniels, Fiona Tregenna, Medi Mokuena
Industry
Trusts, funds and similar financial entities
Relevant market
Broad markets for: i) mortgage origination ii) short-term insurance products iii) IT iv) commercial office and retail property
Sector
Financial and insurance activities
Case File
Remedy
Firewalls related to information sharing between competitors
Case Name
African Rainbow Capital And Fledge Capital
Primary Acquiring Firm
African Rainbow Capital Fund
Primary Target Firm
Fledge Capital (Pty) Ltd