Tag: Sanlam buys majority stake in PineBridge

Insurance

Sanlam buys majority stake in PineBridge

PineBridge Investments Chief Executive Officer Jonathan Stichbury. [PHOTO:JAMES WANZALA/STANDARD] South African financial services group Sanlam is set to buy a majority stake in PineBridge Investments East Africa Limited (PIEAL). The deal, which is waiting for regulatory approval by capital markets and retirement benefits authorities in Kenya, will see PineBridge rebranded […]