Sanlam Limited (JSE:SLM) is in talks to acquire 49% stake in the general insurance business of NICO Holdings Limited (MAL:NICO) in four African countries for an undisclosed amount. Sanlam already owns 49% stake in Nico and in talks to take a similar stake in Nico's general insurance operations in Malawi, Tanzania, Uganda and Zambia. Sanlam's shares are up 1.3%.
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|
5-day change | 1st Jan Change | ||
199.3 MWK | -0.01% |
|
-0.03% | +32.49% |
02/07 | NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2022 | CI |
1st Jan change | Capi. | |
---|---|---|
+32.49% | 120M | |
+8.14% | 76.65B | |
+14.41% | 53.8B | |
+13.39% | 53.16B | |
+24.86% | 47.66B | |
+21.99% | 45.43B | |
+22.17% | 39.28B | |
+18.80% | 33.57B | |
+42.95% | 29.38B | |
+1.02% | 29.33B |
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