Sanlam Takeover of Santam to Impact Namibian Securities Exchange
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Sanlam Takeover of Santam to Impact Namibian Securities Exchange

Namibia·Wire Summary⏱️ 1 min read

The proposed takeover of Santam by its majority shareholder Sanlam will remove a significant source of trading activity from the Namibian Securities Exchange, with Santam accounting for 5.15% of the exchange’s total equity turnover so far this year. Sanlam, which already owns about 63% of Santam, has offered R505 per share to acquire the remaining […] The post Sanlam takeover of Santam to hit NSX trading appeared first on The Namibian.

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