NCBA Group PLC (NCBA) has announced the completion of its 100% acquisition of AIG Kenya
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JOHANNESBURG, June 18 (Reuters) – South African insurer Sanlam (SLMJ.J) announced on Tuesday its acquisition of a 60% stake in MultiChoice’s (MCGJ.J) insurance business for 1.2 billion rand ($66 million) in cash, with an additional performance-based earn-out potential of up to 1.5 billion rand. MultiChoice, Africa’s largest pay-TV company, revealed that its insurance division has […]
NCBA Group PLC (NCBA) has announced the completion of its 100% acquisition of AIG Kenya
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MultiChoice's latest annual report revealed a concerning fact about the MultiChoice directors' shareholding in the company.
MultiChoice continues to lose subscribers and money on its DStv platform (a big driver of its revenue), especially in South Africa. This increasingly...
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Macquarie Asset Management has completed the acquisition of a 49.9% stake in renewable energy provider Hydro Rein for $332m.
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