SASFIN Bank Ltd And ABSA Technology Finance Solutions (Pty) Ltd

Case number: LM197Oct17
Case parties: Primary Acquiring Firm: SASFIN Bank Ltd
Primary Target Firm: ABSA Technology Finance Solutions (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2017-12-20
Sector: Financial and insurance activities
Industry: Other financial services activities, except insurance and pension funding activities
Relevant market: The national market for the provision of financing for office automation equipment
Competition Tribunal Members: Andiswa Ndoni, Andreas Wessels, Medi Mokuena