Telesure Investments Holdings And Renasa Holdings (Pty) Ltd, Concourse Holdings (Pty) Ltd and Summit Risk Holding (Pty) Ltd

Case number: LM107Sep22
Case parties: Primary Acquiring Firm: Telesure Investments Holdings
Primary Target Firm: Renasa Holdings (Pty) Ltd, Concourse Holdings (Pty) Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2022-12-22
Sector: Financial and insurance activities
Industry: Insurance
Relevant market: Nartional provision of non-life insurance products
Remedy: 12A(3)(a) industry/sector related
Competition Tribunal Members: Andiswa Ndoni, Andreas Wessels, Imraan Valodia