S.Africa's Sanlam raises stake in Shriram Transport Finance
JOHANNESBURG (Reuters) - South African insurance group Sanlam (SLMJ.J) has acquired a further 3.7 percent in Shriram Transport Finance (SRTR.NS) for nearly 1 billion rand, raising its stake to about 10 percent.
Sanlam already holds stakes in Chennai-based conglomerate Shriram Group's insurance businesses.
(Reporting by Helen Nyambura-Mwaura)
- Tweet this
- Share this
- Digg this
The BJP vowed on Monday to seize the momentum from a string of big state poll victories and smooth the tough job of broadening its appeal beyond traditional northern strongholds in time for a national election next year. Full Article