Sanlam offers cash takeover of Santam, aims to delist insurer
Sanlam proposes to buy remaining Santam shares for R505 each, a 26.6% premium, pending regulator sign-off and JSE delisting.
The Johannesburg Stock Exchange (JSE) is South Africa’s primary securities exchange and the largest stock exchange in Africa, listing shares, bonds and other financial instruments for companies operating across the continent.
Sanlam proposes to buy remaining Santam shares for R505 each, a 26.6% premium, pending regulator sign-off and JSE delisting.