{
Ninety One Group

Companies

}
001122334455554433221100
001122334455554433221100

inety one sells stake to sanlam in significant asset management deal

Ninety One Ltd., a South African asset manager, has agreed to sell a 12.3% stake to Sanlam Ltd., the country"s largest insurer, for approximately 5 billion rand ($276 million). The deal, pending shareholder and regulatory approvals, will also see Sanlam transfer around 400 billion rand of its assets to Ninety One.
bloomberg.com
South African Rand Ninety One Group Sanlam Limited ZAF
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13:00 20.11.2024
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