Ninety One announced that its acquisition of Sanlam Investment Management Proprietary Limited is expected to complete today. The deal creates a 15-year strategic relationship with the Sanlam Group. Ninety One will issue 32.8m Ninety One plc shares and 66.6m Ninety One Limited shares to Sanlam Investment Holdings plus 12.6m Ninety One plc shares to Sanlam Life Insurance.
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