FBN Insurance will make a bid for Oasis Insurance
FBN Insurance will officially make its bid for the acquisition of the 28.8% stakes which it does not yet have in the capital of Oasis Insurance.
The subsidiary of FBN Holdings and Sanlam, should offer, according to Reuters, a total amount of 6.25 million USD for the remaining shares.
The acquisition transaction will start on July,10 for a duration of 3 weeks.
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Mon, 07/07/2014 - 11:38
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