27Four Holdings (Pty) Ltd And Prescient Life Ltd
Case number: LM151Aug18
Case parties: |
Primary Acquiring Firm: 27Four Holdings (Pty) Ltd
Primary Target Firm: Prescient Life Ltd
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Case type: Large Merger
Type of merger: Vertical
Case status: Reasons Issued
Outcome: Approved
Order date: 2018-09-12
Sector: Financial and insurance activities
Industry: Financial service activities, except insurance and pension funding.
Relevant market: The national market for provision of investment-linked life license leasing.
Competition Tribunal Members: Norman Manoim, Andiswa Ndoni, Medi Mokuena