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BRIEF-Sanlam says disposal of enterprise group investments
June 23, 2017 / 2:07 PM / 3 months ago

BRIEF-Sanlam says disposal of enterprise group investments

June 23 (Reuters) - Sanlam Ltd:

* Disposal of enterprise group investments

* Disposal for a cash consideration of US$130 million

* Parties therefore agreed for sem to exit from enterprise group, but with Sanlam able to continue participating in Ghana

* Conclusion of disposal will increase group’s available discretionary capital to some 2 billion rand Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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