Swanvest 120 (Pty) Ltd (A wholly Owned Sabsidiary of Santam Ltd And Indwe Broker Holdings (Pty) Ltd

Case number: LM120Nov21
Case parties: Primary Acquiring Firm: Swanvest 120
Primary Target Firm: Indwe Broker Holdings
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2022-04-08
Sector: Financial and insurance activities
Industry: Insurance
Relevant market: The provision of short-term insurance products and independent STIA brokerage services
Remedy: 12A(3)(c) ability of small businesses to become competitive
Competition Tribunal Members: Imraan Valodia, Liberty Mncube, Mondo Blessing Mazwai