K2023645019 (South Africa) (Pty) Ltd A SPV Controlled by RMB Ventures Eight (Pty) Ltd and Bopa Moruo Fund 2 (Pty) Ltd And Aurex Holdings (RF) (Pty) Ltd

Case number: LM206Mar23
Case parties: Primary Acquiring Firm: K2023645019 (South Africa) (Pty) Ltd
Primary Target Firm: Aurex Holdings (RF) (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2023-06-01
Sector: Financial and insurance activities
Industry: Financial service activities, except insurance and pension funding
Relevant market: The market for investment and strategic input
Remedy: 12A(3)(e) remedy
Competition Tribunal Members: Fiona Tregenna, Mondo Blessing Mazwai, Shaista Goga