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Impartial and independent adjudication to promote competitive
and inclusive markets with opportunities for all
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Most Viewed

Actom (Pty) Ltd And The Business of SGB-Smit Power Matla (Pty) Ltd (in business rescue)

Pepkor Trading (Pty) Ltd And The retail brands and businesses known as Legit, Style, Boardmans, Swagga and/or Beaver Canoe

Competition Commission And FirstRand Bank Ltd; WesBank, a Division of FirstRand Bank Ltd; Toyota Financial Services South Africa Ltd; Toyota Motor Corporation; Toyota Financial Services UK PLC; Toyota South Africa Ltd

Mercantile Bank, A division of Capitec Bank Ltd And A Loan Book of A Maximum of 400 Loans Owned by Grobank Ltd

Case Number
LM170Dec20
Case type
Large Merger
Subcategories
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
2021-02-24
Competition Tribunal Members
Yasmin Carrim, Fiona Tregenna, Imraan Valodia
Industry
Other monetary intermediation
Relevant market
Market for the provision of commercial property loans, instalment sales agreement, and residential loans
Sector
Financial and insurance activities
Case File
Order Pdf
Case File 2
Reasons Pdf
Case File 4
Other Pdf
Case File 5
Other Pdf
Case File 6
Other Pdf
Remedy
Sections of the act
Case Name
Mercantile Bank And Grobank
Appellant
Applicant
Competition Commission
Complainant
Interested Party
Intervener
Other
Primary Acquiring Firm
Mercantile Bank
Primary Target Firm
Grobank Ltd
Respondent
Secondary Acquiring Firm
Secondary Target Firm
Trade Union
CAC Case Number
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