Sanlam Life Insurance Ltd And Assupol Holdings Ltd

Case number: LM011Apr24
Case parties: Primary Acquiring Firm: Sanlam Life Insurance Ltd
Primary Target Firm: Assupol Holdings Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-08-22
Sector: Financial and insurance activities
Industry: long-term insurance products
Relevant market: long-term insurance products
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Anisa Kessery, Geoff Budlender, Imraan Valodia