Capitec Bank Ltd And Mercantile Bank Holdings Ltd

Case number: LM266Mar19
Case parties: Primary Acquiring Firm: Capitec Bank Ltd
Primary Target Firm: Mercantile Bank Holdings Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2019-05-15
Sector: Financial and insurance activities
Industry: Other monetary intermediation
Relevant market: The national market for the provision of banking services.
Competition Tribunal Members: Enver Daniels, Mondo Blessing Mazwai, Fiona Tregenna