M&A Deal Summary |
|
|---|---|
| Date | 2014-06-16 |
| Target | CORAR AG LTD. |
| Sector | Insurance |
| Buyer(s) | Saham Finances S.A. |
| Deal Type | Add-on Acquisition |
SEARCH BY
SAHAM Finances is an insurance group with operations in 26 countries across North, West and East Africa, and the Middle East. It predominantly writes personal lines general insurance business (exceeding 80% of its portfolio), but is in the process of diversifying this. SAHAM Finances has approximately 61 subsidiaries, a network of 700 branches and a staff complement of more than 3,000 people. SAHAM Finances has a leading market share in many of the markets in which it operates.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector: Insurance M&A | 3 of 6 |
| Type: Add-on Acquisition M&A Deals | 3 of 4 |
| Country: Rwanda M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-08 |
Mercantile Insurance Co.
Nairobi, Kenya Mercantile Insurance Co. Ltd. is a provider of life and non-life insurance products in the local market. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-04 |
Unitrust Insurance Co.
Lagos, Nigeria Unitrust Insurance Co. Ltd. is an insurance company. UNITRUST provides a range of products over in all areas of Non-life Insurance. Unitrust Insurance Co. Ltd. was established in 1981 and is headquartered in Lagos, Nigeria. |
Buy | - |
