Sanlam Ltd., South Africa’s biggest insurer by market value, is buying smaller rival Assupol Life Ltd. for 6.5 billion rand ($349 million) to help cement its footprint at home. The proposed ...
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Sanlam completes R6.5bn acquisition of Assupol
Conditions precedent to Sanlam’s acquisition of all of the shares in insurance company Assupol have now been fulfilled, with the transaction implemented on Monday this week. In August, the Competition ...
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