Sanlam-Allianz merger: the operation is expected to be finalized within a year
Announced in May 2022, the proposed merger between the African activities of Sanlam and Allianz is expected to be finalized by September 2023.
The deal, which will create a top-tier pan-African non-bank financial services entity, is still pending the approval of the competent authorities.
Valued at over 2 billion USD, the insurance joint venture will be 60% owned by the South African group Sanlam.
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Tue, 13/09/2022 - 10:09
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