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VCAP1 Alliance (Pty) Ltd (VCAP1) And Cellair (Pty) Ltd, Silver Dawn Investments 181 (Pty) Ltd, Powerpack Solutions (Pty) Ltd and Onetime Airtime (Pty) Ltd which Entities forms part of Cellair Holdings (Pty) Ltd

Actom (Pty) Ltd And The Business of SGB-Smit Power Matla (Pty) Ltd (in business rescue)

Cell C Ltd And Comm Equipment Company (Pty) Ltd

Sanlam Ltd and Sanlam Life Insurance Ltd And Afrocentric Investment Corporation Ltd

Case Number
LM165Dec22
Case type
Large Merger
Procedural matter
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved
Order date
19-04-2023
Competition Tribunal Members
Fiona Tregenna, Geoff Budlender, Thando Vilakazi
Industry
Insurance, reinsurance and pension funding, except compulsory social security
Relevant market
Non-life insurance
Sector
Financial and insurance activities
Case File 2
Sanlam.Afrocentric Reasons (LM165Dec22) [Non-Conf].pdf
Case Name
Sanlam And Afrocentric Investment
Primary Acquiring Firm
Sanlam Ltd and Sanlam Life Insurance Ltd
Primary Target Firm
Afrocentric Investment Corporation Ltd
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