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Sanlam’s $1.2 Billion Santam Bet Puts Capital Choices in Focus

Source: Bloomberg

M&A & RestructuringCompany FundamentalsEmerging Markets

Sanlam Ltd. bid $1.2 billion to take full ownership of Santam Ltd. The deal would give Africa’s top insurer more flexibility to deploy capital across Africa, India and the Lloyd’s of London market, as Sanlam expands into banking.

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