Momentum Metropolitan Strategic Investments (Pty) Ltd And Investments Managers Group (Pty) Ltd and Royal Investment Managers (Pty) Ltd

Case number: LM104Oct23
Case parties: Primary Acquiring Firm: Momentum Metropolitan Strategic Investments (Pty) Ltd
Primary Target Firm: Investments Managers Group (Pty) Ltd and Royal Investment Managers (Pty) Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-01-23
Sector: Financial and insurance activities
Industry: Financial services
Relevant market: Provision of asset management services
Remedy: Firewalls related to information sharing between competitors
Competition Tribunal Members: Andreas Wessels, Liberty Mncube, Mondo Blessing Mazwai