Assupol Holdings Limited, Sanlam Limited M&A Call Transcript
Good day, ladies and gentlemen, and welcome to the Sanlam Investor and Analyst Call.
(Operator Instructions)
Also note, this event is been recorded. I will now hand the conference over to Mr. Paul Hanratty. Please go ahead, sir.
Thank you very much, and good afternoon, everybody, and thank you very much for joining us on today's call where we will have some brief comments about the Assupol acquisition as well as our Moroccan (inaudible) and we'll open up for questions after that. I am joined today by our Group Finance Director, Abigail Mukhuba, Chief Risk Officer and Chief Actuary; Lotz Mahlangeni and our group executive for Strategy, Dave Marshall, as well as the Head of Investor Relations, who I think most of you know, Grant Davids.
This morning, we announced Sanlam's firm intention to acquire 100% of Assupol, which is the leading life insurer operating in the Retail Mass market in South Africa. This is consistent with our Fortress South Africa strategy,
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