Competition Tribunal approves Alexforbes-Sanlam deal
The proposed transaction is unlikely to result in a substantial prevention or lessening of competition, the authority says
23 August 2022 - 15:58
SA’s competition authorities have given Alexforbes the green light to acquire Sanlam’s stand-alone retirement fund administration business in a deal worth R154m that was first announced in December.
The approval by the Competition Tribunal followed conditional recommendations made by the Competition Commission earlier in August...
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