Sanlam Emerging Markets (Pty) Ltd and Allianz Europe B.V And SAN JV (RF) (Pty) Ltd
Case Number
LM100Aug22
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2023-08-15 12:10:00
Competition Tribunal Members
Fiona Tregenna, Imraan Valodia, Jerome Wilson
Industry
Insurance
Relevant market
Insurance
Sector
Financial and insurance activities
Remedy
Firewalls related to information sharing between competitors
Primary Acquiring Firm
Sanlam Emerging Markets (Pty) Ltd
Primary Target Firm
SAN JV (Pty) Ltd
Secondary Target Firm
SAN JV (Pty) Ltd
Hearing Parties
10 / H / Sanlam Emerging Markets And SAN JV / LM100Aug22 / FT;IV;JW
Hearing Start
2023-08-14 10:00:00
Hearing End
2023-08-14 12:00:00
Hearing Decision Date
2024-05-27 06:00:02