Firefly Investments 326 (Pty) Ltd And Bayport Financial Services 2010 (Pty) Ltd

Case number: LM141Aug17
Case parties: Primary Acquiring Firm: Firefly Investments 326 (Pty) Ltd
Primary Target Firm: Bayport Financial Services 2010 (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2017-10-16
Sector: Financial and insurance activities
Industry: Other credit granting
Relevant market: The provision of unsecured loans to individuals
Remedy: Firewalls related to information sharing between competitors
Competition Tribunal Members: Enver Daniels, Fiona Tregenna, Medi Mokuena