Momentum Metropolitan Strategic Investments (Pty) Ltd And Investments Managers Group (Pty) Ltd and Royal Investment Managers (Pty) Ltd
Case Number
LM104Oct23
Case type
Large Merger
Procedural matter
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
23-01-2024
Competition Tribunal Members
Andreas Wessels, Liberty Mncube, Mondo Blessing Mazwai
Industry
Financial services
Relevant market
Provision of asset management services
Sector
Financial and insurance activities
Case File 2
Case File 3
Remedy
Firewalls related to information sharing between competitors
Case Name
Momentum Metropolitan And Investments Managers Group
Primary Acquiring Firm
Momentum Metropolitan Strategic Investments (Pty) Ltd
Primary Target Firm
Investments Managers Group (Pty) Ltd and Royal Investment Managers (Pty) Ltd