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FBN INSURANCE LTD
The fresh equity capital injection is coming on the heels of FBN Holdings' recent divestment from FBN Insurance.
Note that the statement, which was signed by both FBN Holding's group CEO and Sanlam Emerging Markets Ltd's CEO, did not disclose how much the transaction was valued at.
FBN Holdings Plc has informed it's stakeholders and the general public about ongoing talks towards a planned divestments of its 65% stakeholding in FBN Insurance Ltd.