Sanlam: Making Assupol great again
The R6.5bn bid is based on nursing the life insurance company back to pre-Covid growth levels
15 February 2024 - 05:00
Sanlam’s buying spree, picking up smaller competitors, is steaming ahead.
In its latest acquisition, Sanlam is making a run for Assupol at a price tag of R6.5bn. The latter, started as a burial society for policemen more than a century ago, generated gross insurance premiums of over R5bn in its financial year through end-June, according to a statement from Sanlam...
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