Alexander Forbes Financial Services (Pty) Ltd And A Portion of Administration of Business Sanlam Life Insurance Ltd

Case number: LM007Apr22
Case parties: Primary Acquiring Firm: Alexander Forbes Financial Services
Primary Target Firm: Sanlam Life Insurance
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2022-08-18
Sector: Financial and insurance activities
Industry: Activities of insurance agents and brokers
Relevant market: Provision of Retirement Fund Administration services
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Imraan Valodia, Thando Vilakazi, Yasmin Carrim