K2020791073 (South Africa) (Pty) Ltd ( New Holdco) And Adcorp Support Services (Pty) Ltd
Case Number
LM175Dec20
Case type
Large Merger
Type of merger
Vertical
Case status
Reasons Issued
Outcome
Approved
Order date
2021-02-24 12:10:00
Competition Tribunal Members
Yasmin Carrim, Fiona Tregenna, Imraan Valodia
Industry
Insurance, reinsurance and pension funding and activities auxiliary thereto
Relevant market
Long-term insurance related services and brokerage services
Sector
Financial and insurance activities
Case File
Case File 3
Sections of the act
13A(3)
Primary Acquiring Firm
K2020791073 (Pty) Ltd
Primary Target Firm
Adcorp Support Services (Pty) Ltd
Secondary Target Firm
Adcorp Support Services (Pty) Ltd
Hearing Parties
10 / H / K2020791073 And Adcorp Support Services / LM175Dec20 / YC;FT;IV
Hearing Start
2021-02-24 10:00:00
Hearing End
2021-02-24 12:00:00
Hearing Decision Date
2024-05-27 06:00:05