Sanlam Life Insurance Ltd And ABSA Consultants and Actuaries (Pty) Ltd
Case Number
LM227Nov17
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2018-02-07
Competition Tribunal Members
Andiswa Ndoni, Medi Mokuena, Yasmin Carrim
Industry
Insurance
Relevant market
1. The national market for the provision of retirement fund administration services;2. The national market for the provision of employee benefits consulting services;3.The national market for the provision of healthcare consulting services.
Sector
Financial and insurance activities
Case File
Remedy
12A(3)(b) employment
Primary Acquiring Firm
Sanlam Life Insurance Ltd
Primary Target Firm
ABSA Consultants and Actuaries (Pty) Ltd