South Africa's Sanlam to pay $375 mln for a third of Morocco's Saham Finances
South Africa's largest insurer Sanlam said on Tuesday it will buy nearly one-third of Morocco's Saham Finances for $375 million, as part of a strategy to look for new streams of income to offset slowing growth at home. The stake in Saham Finances would be acquired from the World Bank's…
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