M&A Deal Summary |
|
|---|---|
| Date | 2016-09-21 |
| Target | Sun Insurance Co |
| 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 | 6 of 6 |
| Sector: Insurance M&A | 6 of 6 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| Country: Fiji M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-18 |
Continental Reinsurance
Lagos, Nigeria Continental Reinsurance is a reinsurance company offering both treaty and facultative Life and Non-Life reinsurance, with a well-diversified business mix and customer base. From its Nigerian base, the company has grown a diversified Pan-African portfolio, adding value wherever it goes, and developing enduring partnerships premised on ‘Pan-African Commitment made local’. Continental Reinsurance was formed in 1985 and is based in Lagos, Nigeria. |
Sell | - |
