OUTsurance Group to acquire remaining 7.17 per cent of OUTsurance Holdings
- Value
- R101.6bn
- Date
- 6 October 2026
- Transaction type
- Capital Market
- Practice area
- Corporate and Commercial
- Sector
- Insurance
- Jurisdiction
- South Africa
- Client
- OUTsurance Group Limited
Summary
OUTsurance Group, which holds 92.83 per cent of OUTsurance Holdings, will acquire the remaining 7.17 per cent in a share-for-share exchange valued at R10.16 billion. It will issue 0.44 new shares per OHL share, at R85.06 per OHL share. The deal needs an independent shareholder vote at an AGM on 24 November 2026, plus JSE and Reserve Bank approvals. Advisers were not named in the source.
Other parties
OUTsurance Group Limited (client); Minority shareholders of OUTsurance Holdings, including Rosaceae Aequitas entities and executives (counterparty)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
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