K2023645019 (South Africa) (Pty) Ltd A SPV Controlled by RMB Ventures Eight (Pty) Ltd and Bopa Moruo Fund 2 (Pty) Ltd And Aurex Holdings (RF) (Pty) Ltd
Case Number
LM206Mar23
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
01-06-2023
Competition Tribunal Members
Fiona Tregenna, Mondo Blessing Mazwai, Shaista Goga
Industry
Financial service activities, except insurance and pension funding
Relevant market
The market for investment and strategic input
Sector
Financial and insurance activities
Case File 2
Case File 3
Remedy
12A(3)(e) remedy
Case Name
K2023645019 And Aurex Holdings
Primary Acquiring Firm
K2023645019 (South Africa) (Pty) Ltd
Primary Target Firm
Aurex Holdings (RF) (Pty) Ltd