Financial Mail and Business Day

Sanlam to sell UK businesses

/Garth Theunissen

Sanlam has agreed to sell its UK private investments and wealth planning businesses to funds managed by Oaktree Capital Management, for £140m, subject to regulatory approvals. This transaction is the final step in Sanlam’s strategy to streamline its UK operations and reallocate capital to Africa and other selected emerging markets.

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2021-09-21T07:00:00.0000000Z

2021-09-21T07:00:00.0000000Z

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