Swanvest 120 (Pty) Ltd (A wholly Owned Sabsidiary of Santam Ltd And Indwe Broker Holdings (Pty) Ltd
Case Number
LM120Nov21
Case type
Large Merger
Procedural matter
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
08-04-2022
Competition Tribunal Members
Imraan Valodia, Liberty Mncube, Mondo Blessing Mazwai
Industry
Insurance
Relevant market
The provision of short-term insurance products and independent STIA brokerage services
Sector
Financial and insurance activities
Remedy
12A(3)(c) ability of small businesses to become competitive
Case Name
Swanvest 120 And Indwe Broker Holdings
Primary Acquiring Firm
Swanvest 120
Primary Target Firm
Indwe Broker Holdings