Sanlam [4] has submitted an offer letter to the board of AfroCentric confirming its intention to acquire a majority stake in the South African healthcare investment holding.
The transaction is still pending the approval of the shareholders and the competent authorities.
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-194-october-2022
[4] https://www.atlas-mag.net/en/article/sanlam-group-establishment-development-and-expansion