Sanlam has announced its intention to acquire a 60% shareholding in MultiChoice’s insurance subsidiary, NMS Insurance Services Limited (NMSIS), for an initial sum of R1.2 billion. The deal has the potential to escalate to a total of R2.7 billion. In the financial year that concluded on March 31, 2024, NMSIS demonstrated a robust performance by … Continue reading Sanlam sets sights on MultiChoice insurance arm with a 60% acquisition