African Rainbow Capital Fund And Fledge Capital (Pty) Ltd.
Case Number
LM236Nov17
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2018-04-25 12:10:00
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
Primary Acquiring Firm
African Rainbow Capital Fund
Primary Target Firm
Fledge Capital (Pty) Ltd
Secondary Target Firm
Fledge Capital (Pty) Ltd
Hearing Parties
10 / H / African Rainbow Capital And Fledge Capital / LM236Nov17 / ED;FT;MM
Hearing Start
2018-04-25 10:00:00
Hearing End
2018-04-25 12:00:00
Hearing Decision Date
2024-05-27 06:00:06