Invitation to Business Journal 2nd Annual Lecture/Awards 2019

Moroccan insurance company, Saham Finances announced, in a communiqué published on 16thSeptember, 2015, the acquisition of 53.6% of the capital of Continental Reinsurance PLC, a reinsurance company operating in 44 African countries. Saham, which did not reveal the cost of the transaction, specified having bought a majority shareholding in the company headquartered in Nigeria from private equity firm, Emerging Capital Partners (ECP Fund II), which controlled Continental Reinsurance for about a decade.

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