Sanlam concludes AfroCentric deal
The deal will see Sanlam acquire 60% of AfroCentric, which is focused on affordable medical aid, health insurance and administration
30 May 2023 - 13:11
Sanlam has concluded its acquisition of a controlling stake in AfroCentric Investment Corporation, a black-owned investment holding company with interests in the healthcare market.
The prized possession in the AfroCentric stable is the Medscheme medical scheme administration business and a pharmaceutical business, which will allow Sanlam to add a healthcare offering to its existing suite of financial products spanning investments, insurance, retirement, financial planning and wealth management...
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