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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

IEP Portfolio 1 (Pty) Ltd And Assupol Holdings Ltd

Case Number
LM042May18
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
26-07-2018
Competition Tribunal Members
Andreas Wessels, Enver Daniels, Fiona Tregenna
Industry
Insurance
Relevant market
The provision of long-term insurance products.
Sector
Financial and insurance activities
Case File
LM042May18_A0-b440a.pdf
Remedy
Firewalls related to information sharing between competitors
Case Name
IEP And Assupol
Primary Acquiring Firm
IEP Portfolio 1 (Pty) Ltd
Primary Target Firm
Assupol Holdings Ltd
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