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South Africa’s largest general insurer faces stock-market exit as Sanlam offers shareholders a 26.6% premium

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South Africa’s largest general insurer faces stock-market exit as Sanlam offers shareholders a 26.6% premium

South Africa’s largest general insurer could leave the Johannesburg Stock Exchange after Sanlam proposed buying out Santam’s remaining eligible shareholders, offering a cash premium to bring the business fully under its ownership.

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