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 | ||
199.5 MWK | -0.01% | -0.01% | +32.64% |
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. | |
---|---|---|
+32.64% | 120M | |
+6.58% | 75.02B | |
+6.64% | 50.09B | |
+0.85% | 48.36B | |
+12.23% | 42.61B | |
+8.25% | 39.96B | |
+20.44% | 38.53B | |
+4.41% | 30.27B | |
-3.72% | 28.4B | |
-14.77% | 24.95B |
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