Lesaka Technologies (Pty) Ltd And Adumo (RF) (Pty) Ltd

Case number: LM058Jun24
Case parties: Primary Acquiring Firm: Lesaka Technologies (Pty) Ltd
Primary Target Firm: Adumo (RF) (Pty) Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved
Order date: 2024-09-02
Sector: Financial and insurance activities
Industry: Fiancail services
Relevant market: Payment solutions and services
Remedy: 12A(3)(e) remedy
Competition Tribunal Members: Imraan Valodia, Liberty Mncube, Andiswa Ndoni