Apollo Insurance and Pan Africa Insurance, held to 46% by the South African company Africa Life Assurance, decided to melt their short-term businesses within a new company : Newco Ltd. The two companies would respectively hold 60.03% and 39.97% of the shares.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fapollo-insurance-and-pan-africa-insurance-create-newco-ltd&text=Apollo+Insurance+and+Pan+Africa+Insurance+create+Newco+Ltd
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fapollo-insurance-and-pan-africa-insurance-create-newco-ltd&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/the-insurance-business-in-africa-reasons-for-hope