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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

Subcategories

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

Order Pdf

Case File 3

Reasons Pdf

Case File 4

Other Pdf

Case File 5

Other Pdf

Case File 6

Other Pdf

Remedy

Firewalls related to information sharing between competitors

Sections of the act

Case Name

Momentum Metropolitan And Investments Managers Group

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

Momentum Metropolitan Strategic Investments (Pty) Ltd

Primary Target Firm

Investments Managers Group (Pty) Ltd and Royal Investment Managers (Pty) Ltd

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number