Alexander Forbes Financial Services (Pty) Ltd And A Portion of Administration of Business Sanlam Life Insurance Ltd
Case Number
LM007Apr22
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
18-08-2022
Competition Tribunal Members
Imraan Valodia, Thando Vilakazi, Yasmin Carrim
Industry
Activities of insurance agents and brokers
Relevant market
Provision of Retirement Fund Administration services
Sector
Financial and insurance activities
Remedy
12A(3)(b) employment
Case Name
Alexander Forbes Financial Services And Sanlam Life Insurance
Primary Acquiring Firm
Alexander Forbes Financial Services
Primary Target Firm
Sanlam Life Insurance