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Volkswagen Financial Services South Africa (Pty) Ltd and Volkswagen Financial Services South Africa, A Division of Wesbank, A division of FirstRand Bank Ltd

Case Number

LM029May13

Case type

Large Merger

Subcategories

Procedural matter

Type of merger

Case status

Reasons Issued

Outcome

Approved

Order date

2013-06-26

Competition Tribunal Members

Norman Manoim, Takalani Madima, Anton Roskam

Industry

Other financial service activities, except insurance and pension funding activities

Relevant market

Vehicle finance and short-term insurance services within South Africa

Sector

Financial and insurance activities

Case File

Other Pdf

Case File 2

Other Pdf

Case File 3

Other Pdf

Case File 4

Other Pdf

Case File 5

Other Pdf

Case File 6

Other Pdf

Remedy

Sections of the act

Case Name

Volkswagen Wesbank

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

Volkswagen Financial Services South Africa (Pty) Ltd

Primary Target Firm

Volkswagen Finacial Services South Africa, A Division of Wesbank

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number