Sanlam corrects beneficial stake in Santam to 61.9% in scheme offer update
Sanlam is seeking to buy the remaining shares in Santam via a scheme at ZAR 505 per share. Sanlam’s beneficial stake was corrected to 68,023,017 shares, equal to 61.9% of issued shares excluding treasury stock. The revision adds 935,587 shares to the scheme pool, lifting total consideration accordingly. Sanlam Life rep