Sanlam Investment Holdings (Pty) Ltd (and its Subsidiaries) And The Asset Management Business of ABSA Group Ltd
Case Number
LM190Mar22
Case type
Large Merger
Type of merger
Conglomerate
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
21-07-2022
Competition Tribunal Members
Andiswa Ndoni, Fiona Tregenna, Imraan Valodia
Industry
Financial
Relevant market
asset management
Sector
Financial and insurance activities
Remedy
12A(3)(b) employment
Sections of the act
13A(3)
Case Name
Sanlam Investment Holdings And ABSA Group
Primary Acquiring Firm
Sanlam Investment Holdings
Primary Target Firm
ABSA Group Ltd