African Rainbow Capital Financial Services Holdings (Pty) Ltd And Commonwealth Bank of South Africa (Holding Company) Ltd

Case number: LM161Aug18
Case parties: Primary Acquiring Firm: African Rainbow Capital Services Holdings (Pty) Ltd
Primary Target Firm: Commonwealth Bank of South Africa (Holding Company) Ltd
Case type: Large Merger
Type of merger: Conglomarate
Case status: Reasons Issued
Outcome: Approved
Order date: 2018-10-24
Sector: Financial and insurance activities
Industry: Banking
Relevant market: Financial service activities, except insurance and pension funding
Competition Tribunal Members: Enver Daniels, Mondo Blessing Mazwai, Fiona Tregenna