Sanlam Life Insurance Ltd and ARC Financial Services Investments (Pty) Ltd And Capital Legacy Solutions (Pty) Ltd
Case Number
LM188Feb23
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
2023-05-26 12:10:00
Competition Tribunal Members
Fiona Tregenna, Tembeka Ngcukaitobi, Thando Vilakazi
Relevant market
Market for the provision of fiduciary services
Sector
Financial and insurance activities
Primary Acquiring Firm
Sanlam Life Insurance Ltd and ARC Financial Services Investments (Pty) Ltd
Primary Target Firm
Capital Legacy Solutions (Pty) Ltd
Secondary Target Firm
Capital Legacy Solutions (Pty) Ltd
Hearing Parties
15 / H / Sanlam Life Insurance And Capital Legacy Solutions / LM188Feb23 / FT;TN;TV
Hearing Start
2023-05-25 15:30:00
Hearing End
2023-05-25 16:00:00
Hearing Decision Date
2024-05-27 06:00:03