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Sanlam, Ninety One finalize $275.7-million asset management deal

Summary by Billionaires.Africa
Key PointsSanlam signs $275.7 million deal with Ninety One, making Ninety One the primary active investment manager for Sanlam's assets.Ninety One to acquire 100% of Sanlam Investment Management, expanding its international footprint and gaining access to Sanlam’s network.Sanlam receives 12.3% equity stake in Ninety One, with benefits expected after three years, boosting asset management capabilities.Sanlam Limited, Africa’s leading insurer, par…
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