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Grand Parade chairman declares war against shareholders

  • Published in News

Hassen Adams, founder and executive chairman of Grand Parade Investments (GPI), is fuming and has accused a small group of shareholder activists of launching a ‘hostile takeover’ on the company. The shareholders, who collectively hold 12.5% of GPI, have requested – and been granted – an extraordinary general meeting (EGM), which will be held on October 31.

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Sanlam is now the largest insurer in Africa

  • Published in News

JOHANNESBURG – Sanlam on Thursday became the largest insurer across the African continent following its $1.05 billion (R15.37bn) splurge on Saham after regulators authorised the purchase of more shares in the Moroccan insurance group.

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