The Tribunal has unconditionally approved the proposed merger wherein Sanlam Ltd (“Sanlam”) and Sanlam Life Insurance Ltd (“Sanlam Life”) intend to acquire shareholding in AfroCentric. Post-merger, Sanlam will have sole control over the AfroCentric Group.
The Sanlam Group provides, among other services, healthcare advisory or consulting services to individuals. It provides the following services to the AfroCentric Group:
The AfroCentric Group provides, among other services, healthcare advisory or consulting services to individuals. It provides the following services to the Sanlam Group:
Issued by:
Gillian de Gouveia, Communications Officer On behalf of the Competition Tribunal of South Africa Cell: +27 (0) 82 410 1195 E-Mail: GillianD@comptrib.co.za Twitter: @comptrib
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