Capitec Life Ltd And The Funeral Insurance Business Underwritten in The Cell Structure of Centriq Life Insurance Company Ltd

Case number: LM152Dec23
Case parties: Primary Acquiring Firm: Capitec Life Ltd
Primary Target Firm: The Funeral Insurance Business
Case type: Large Merger
Type of merger: Conglomarate
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-03-14
Sector: Financial and insurance activities
Industry: Life Insurance
Relevant market: Funeral insurance policies
Remedy: 12A(3)(c) ability of small businesses to become competitive
Competition Tribunal Members: Anisa Kessery, Fiona Tregenna, Liberty Mncube