Santam Limited And ABSA Insurance Company Limited Intermediate Commercial Line Business

Case number: LM014Apr16
Case parties: Primary Acquiring Firm: Santam Limited
Primary Target Firm: ABSA Insurance Company Limited
Case type: Large Merger
Type of merger: Vertical
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2016-07-20
Sector: Financial and insurance activities
Industry: Life insurance
Relevant market: Life insurance
Remedy: 12A(3)(b) employment