News24 Business | German insurance giant Allianz boosts its stake in Sanlam joint venture to 'maximum level'

As part of the deal Sanlam Emerging Markets (SEM) will sell 8.59% of its interest in SanlamAllianz to Allianz BV for R4.5 billion, resulting in a final shareholding split between SEM and Allianz BV in SanlamAllianz of 51% and 49% respectively