Santam Ltd And The MTN Portfolio Comprising the Device Insurance Policies Marketed and Distributed by Mobile Telephone Networks (Pty) Ltd and Underwritten by Guardrisk Insurance Company Ltd in a Cell Captive
Case Number
LM175Jan23
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
13-03-2023
Competition Tribunal Members
Fiona Tregenna, Jerome Wilson, Liberty Mncube
Industry
Insurance
Relevant market
broad market for the provision on short term insurance
Sector
Financial and insurance activities
Case Name
Santam Ltd And MTN Portfolio
Primary Acquiring Firm
Santam Ltd
Primary Target Firm
MTN Portfolio