K2020791073 (South Africa) (Pty) Ltd ( New Holdco) And Adcorp Support Services (Pty) Ltd
Case Number
LM175Dec20
Case type
Large Merger
Type of merger
Vertical
Case status
Reasons Issued
Outcome
Approved
Order date
24-02-2021
Competition Tribunal Members
Yasmin Carrim, Fiona Tregenna, Imraan Valodia
Industry
Insurance, reinsurance and pension funding and activities auxiliary thereto
Relevant market
Long-term insurance related services and brokerage services
Sector
Financial and insurance activities
Case File
Case File 3
Sections of the act
13A(3)
Case Name
K2020791073 And Adcorp Support Services
Primary Acquiring Firm
K2020791073 (Pty) Ltd
Primary Target Firm
Adcorp Support Services (Pty) Ltd