
Sanlam expects Santam deal to lift returns
Sanlam says buying out Santam’s minority shareholders would support earnings growth, improve capital allocation and help lift adjusted return on equity above 20% by 2030.

Sanlam says buying out Santam’s minority shareholders would support earnings growth, improve capital allocation and help lift adjusted return on equity above 20% by 2030.

The deal gives Momentum full ownership of the retirement fund administrator despite Verso’s recent losses, with scale and complementary businesses central to the rationale.

Research finds that mergers and restructuring drive nearly half of JSE delistings and highlights that the determinant of listing activity is economic growth.

Sanlam Private Equity says the acquisition aligns with its strategy of investing in market-leading businesses with strong growth potential.

TymeBank and Sanlam will form SanlamTyme JVCo, combining digital banking muscle with lending expertise in a R5bn unsecured loan book partnership.