Sanlam Limited (JSE:SLM) is in talks to acquire 49% stake in the general insurance business of NICO Holdings Limited (MAL:NICO) in four African countries for an undisclosed amount. Sanlam already owns 49% stake in Nico and in talks to take a similar stake in Nico's general insurance operations in Malawi, Tanzania, Uganda and Zambia. Sanlam's shares are up 1.3%.
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5-day change | 1st Jan Change | ||
199.4 MWK | 0.00% | -0.01% | +32.61% |
2023 | NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2022 | CI |
2022 | NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2022 | CI |
1st Jan change | Capi. | |
---|---|---|
+32.61% | 120M | |
+14.45% | 80.59B | |
+10.98% | 52.78B | |
+6.36% | 50.21B | |
+24.11% | 47.96B | |
+24.78% | 41.99B | |
+2.40% | 30.06B | |
-2.49% | 29.32B | |
-9.24% | 28.52B | |
+22.40% | 25.69B |
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