Competition Tribunal of South Africa
Impartial and independent adjudication to promote competitive
and inclusive markets with opportunities for all
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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

Old Mutual Funeral Services (Pty) Ltd And Two Mountains Underwriters (Pty) Ltd, Two Mountains Burial Services (Pty) Ltd and Two Mountains Financial Services (Pty) Ltd

Case Number
LM010Apr23
Case type
Large Merger
Subcategories
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2023-07-03
Competition Tribunal Members
Andreas Wessels, Jerome Wilson, Thando Vilakazi
Industry
Insurance, reinsurance and pension funding, except compulsory social security
Relevant market
Provision of funeral and burial cover to individuals
Sector
Financial and insurance activities
Case File 2
Order Pdf
Case File 3
Reasons Pdf
Case File 4
Other Pdf
Case File 5
Other Pdf
Case File 6
Other Pdf
Remedy
12A(3)(e) remedy
Sections of the act
Case Name
Old Mutual Funeral Services And Two Mountains Underwriters
Appellant
Applicant
Competition Commission
Complainant
Interested Party
Intervener
Other
Primary Acquiring Firm
Old Mutual Funeral Services
Primary Target Firm
Two Mountains Underwriters
Respondent
Secondary Acquiring Firm
Secondary Target Firm
Trade Union
CAC Case Number
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