Old Mutual’s acquisition of Genric Insurance Company estimated at 300 million rands
Old Mutual, an Anglo-South African insurance company, was assisted in its financial due diligence by Mazars and in all legal aspect by Bowmans.
Someone shares this article with you
▪ Old Mutual’s acquisition of Genric Insurance Company estimated at 300 million rands
▪ Old Mutual, an Anglo-South African insurance company, was assisted in its financial due diligence by Mazars and in all legal aspect by Bowmans.
▪ https://www.africabusinessplus.com/en/813120/old-mutuals-acquisition-of-genric-insurance-company-estimated-at-300-million-rands/
Through its subsidiary Old Mutual Insure, Old Mutual has acquired the entire ownership of Genric Insurance Company (Genric), including the 30% stake belonging to RH Bophelo Limited (RHB), an investor in the health care sector, for a cash total estimated at almost 90 million de rands (about 5.2 million rands).
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
New technologies
10/03/2022 at 15h37, by Africa Business+
Fintech Kolleno in talks with Old Mutual and Liberty Finance, targeting Nigeria, Egypt and Algeria
The UK-based company, headed by Dimitri Raziev and specialising in accounts receivable management for...
Construction & Infrastructure
30/11/2021 at 17h56, by Africa Business+
Head of Old Mutual Malawi Edith Jiya seeks MIGA guarantee for housing project
As the issue of housing becomes increasingly crucial on the continent, the project developer is looking...
Renewable energies
23/08/2021 at 13h41, by Africa Business+
Wind power : after joining Actis and Old Mutual in Northern Cape, Revego to explore continent
Following the Metier and Lereko operations acquisition, the South African company intends to develop...
Private Equity
06/05/2020 at 18h24, by Aurelie Benoit
AIIM (Old Mutual) shifts its AIIF2 portfolio away from renewables
The pan-African investment fund manager, a subsidiary of Old Mutual, has sold stakes in two projects...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.