African Rainbow Capital Fund And Fledge Capital (Pty) Ltd.

Case number: LM236Nov17
Case parties: Primary Acquiring Firm: African Rainbow Capital Fund
Primary Target Firm: Fledge Capital (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2018-04-25
Sector: Financial and insurance activities
Industry: Trusts, funds and similar financial entities
Relevant market: Broad markets for: i) mortgage origination ii) short-term insurance products iii) IT iv) commercial office and retail property
Remedy: Firewalls related to information sharing between competitors
Competition Tribunal Members: Enver Daniels, Fiona Tregenna, Medi Mokuena

Case Files

LM236Nov17 23,3KB