Sanlam will get around 12.3% stake in Ninety One in exchange. The part of the transaction encompassing the South African assets is set to complete later this financial year, it said.

Ninety One enters partnership with Sanlam, assets rise 1% By Reuters November 19, 202411:32 PM PSTUpdated November 19, 2024 ...

Sanlam Kenya chairman John Simba said the Sh2.5 billion rights issue will enable the company to recapitalise its balance sheet by settling a loan facility from Stanbic Bank Kenya.