Sanlam Limited, Africa’s largest insurer, plans to acquire a 100% stake in Assupol Holdings Limited for R6.5 billion through its fully-owned subsidiary, Sanlam Life Insurance Limited. Assupol, a 110-year-old life insurance company, is listed on the Cape Town Stock Exchange. This proposed transaction follows last year’s announcement that Budvest Proprietary Limited, which holds 46.02% of … Continue reading Africa’s largest insurer, Sanlam Limited, plans to acquire Assupol Holdings Limited