Sanlam Alliance Africa (jv 60:40) of a 23,86% stake in Sanlam Maroc from Sanlam Maroc minorities
- Value
- R24
- Date
- 25 January 2024
- Transaction type
- Acquisition
- Practice area
- Mergers and Acquisitions
- Jurisdiction
- Morocco
- Client
- Sanlam Alliance Africa (jv 60:40)
Summary
Sanlam Alliance Africa (jv 60:40) of a 23,86% stake in Sanlam Maroc from Sanlam Maroc minorities.
Recorded in the DealMakers AFRICA Q1 2024 North Africa transaction table (announced 25 January 2024). Legal adviser(s) as listed in the table. Value as recorded: R2,4bn.
Why it matters
2 – Major (USD 100m-1bn)
Scope of legal work
A&O Shearman (South Africa); Webber Wentzel (legal adviser, as recorded by DealMakers AFRICA)
Advisers
Other parties
Sanlam Alliance Africa (jv 60:40) (acquirer or investor); a 23,86% stake in Sanlam Maroc (counterparty or target)
Other advisers
CFG Finance (financial adviser)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
Spotted an error? Suggest a correction.
Related
Related reporting
Intelligence
The London corridor: African firms are hiring English-law capacity instead of renting it
Olaniwun Ajayi recruited a former HSF Kramer Johannesburg office managing partner into its London office in July 2026. Read against three other moves, it describes a…
Intelligence
The Meridian Watchlist: the October dates that will move Africa’s deal record
Airtel Money's London dealings, the Lamu land hearing, MNT-Halan's Cairo debut and Quickmart's pending offer document: what to watch, and when.