AfroCentric is mulling an offer from Sanlam. The financial services group, which is already invested in one of AfroCentric’s subsidiaries, has offered to acquire a controlling stake in the firm. Sanlam is offering R6 per share, and shareholders have an option to choose between cash or receiving Sanlam shares. Business Day TV spoke to AfroCentric CEO Ahmed Banderker for more insight.
Or listen to full audio
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.