Sanlam Ltd and Sanlam Life Insurance Ltd And Afrocentric Investment Corporation Ltd

Case number: LM165Dec22
Case parties: Primary Acquiring Firm: Sanlam Ltd and Sanlam Life Insurance Ltd
Primary Target Firm: Afrocentric Investment Corporation Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved
Order date: 2023-04-19
Sector: Financial and insurance activities
Industry: Insurance, reinsurance and pension funding, except compulsory social security
Relevant market: Non-life insurance
Competition Tribunal Members: Fiona Tregenna, Geoff Budlender, Thando Vilakazi