01 Jan Absa and Sanlam become Shareholders in Thebe
Posted at 06:09h
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Acquisition of a further 48% from the minority shareholders in Thebe Securities (now 100% held) | Acquisition of 17,9% of JSE-listed building materials company Safic Holdings (Accentuate) | Acquisition of a 25% stake in global risk management company Gab Robins South Africa | Acquisition of a 21% interest in local plastics manufacturer Safripol | Sale of remaining 45% shareholding in Safrican Insurance to Channel Life | Absa becomes a 15.65% shareholder in Thebe after buying Old Mutual’s and Investec’s shares | Sanlam becomes a 10.677% shareholder in Thebe after increasing its stake.