African Bank Ltd And The CEF and CPF Business of Sasfin Bank Ltd

Case number: LM021May24
Case parties: Primary Acquiring Firm: African Bank Ltd
Primary Target Firm: The CEF and CPF Business of Sasfin Bank Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2024-07-26
Sector: Financial and insurance activities
Industry: Banking sector
Relevant market: National retail banking and commercial banking
Competition Tribunal Members: Geoff Budlender, Imraan Valodia, Liberty Mncube