Capitec Life Ltd And the Credit Life Insurance Business underwritten in the Cell Structure of Guardrisk Life Ltd

Case number: LM057Jun24

Case parties:

Primary Acquiring Firm: Capitec Life Ltd Primary Target Firm: Credit Life Insurance Business

Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-08-14
Sector: Financial and insurance activities
Industry: Life Insurance
Relevant market: Provision of Life Insurance
Remedy: 12A(3)(e) remedy
Competition Tribunal Members: Andiswa Ndoni, Imraan Valodia, Liberty Mncube

Case Files

Order and Merger Clearance Certificate (Public Version)	111,5KB
2024-08-19-CapitecLife-Guardrisk-MergerAlert.html	69,6KB