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MMI Holdings Ltd says finalizes Guardrisk acquisition


Monday, 3 Mar 2014 01:00am EST 

MMI Holdings Ltd:Says the sale of Guardrisk to MMI Holdings, which was announced in Nov. 2013, has to date been approved by the Financial Services Board and the South African competition authorities and the transaction has thus been completed.Says the transaction comes into effect on March 3.Says the purchase price of 1.6 billion rand will be funded from MMI's capital buffer. 

Company Quote

2583.0
9.0 +0.35%
28 Jul 2014