SA’s Sanlam to hike stake in Shriram’s insurance companies
[ MUMBAI: South African insurer Sanlam has said it will hike its stake in Shriram General Insurance to 50.99% from 40.25% and in Shriram Life Insurance to 54.4% from 42.38%. The insurer would also cut its stake in Shriram Finance from 10.19% to 9.54%.The stake hike in Shriram’s insurance arms will be achieved by purchasing … Read more
