Sanlam Life Insurance Ltd And ABSA Consultants and Actuaries (Pty) Ltd

Case number: LM227Nov17
Case parties: Primary Acquiring Firm: Sanlam Life Insurance Ltd
Primary Target Firm: ABSA Consultants and Actuaries (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2018-02-07
Sector: Financial and insurance activities
Industry: Insurance
Relevant market: 1. The national market for the provision of retirement fund administration services;2. The national market for the provision of employee benefits consulting services;3.The national market for the provision of healthcare consulting services.
Remedy: 12A(3)(b) employment