M&A Deal Summary |
|
|---|---|
| Date | 2012-06-27 |
| Target | LIA Insurance sal |
| Sector | Insurance |
| Buyer(s) | Saham Finances S.A. |
| Deal Type | Add-on Acquisition |
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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 | 1 of 6 |
| Sector (Insurance) | 1 of 6 |
| Type (Add-on Acquisition) | 1 of 4 |
| Country (Lebanon) | 1 of 1 |
| Year (2012) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-08 |
Mercantile Insurance
Nairobi, Kenya Mercantile Insurance Co. Ltd. is a provider of life and non-life insurance products in the local market. |
Buy | - |
