Approval of Acquisitions

Three 2023 decisions of the Competition Authorities provide a useful guide to their approach to insurance acquisitions in South Africa and expansion into Africa.

Sanlam Emerging Markets Proprietary Limited and Another v SAN JV (RF) Proprietary Limited  [2023] ZACT 40; [2023] 3 CPLR 44 (CT) (17 August 2023)

https://www.saflii.org/za/cases/ZACT/2023/40.html

In August 2023, the Competition Tribunal