MMI Holding acquires Momentum Short Term Insurance
The insurance giant MMI has announced full purchase of the shares held by OUTsurance in the joint holding MSTI (Momentum Short Term Insurance). MMI already detains 50% of the latter company. The purchase price is estimated at 150 million NAD (18 million USD). MMI intends to become a finance leader in South Africa.
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Wed, 03/04/2013 - 10:17
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