Pan Africa Insurance Holdings Limited (NASE:PAFR.O) entered into an agreement to acquire a majority stake in Gateway Insurance Company Ltd on November 4, 2014. For the year ending 2013, Gateway Insurance posted total assets of KES 2 billion. The transaction is subject to regulatory and shareholder approvals.
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- Pan Africa Insurance Holdings Limited (NASE: PAFR.O) entered into an agreement to acquire a majority stake in Gateway Insurance Company Ltd.