Sanlam netted £10m from Intrinsic sale
Sanlam UK netted £10 million as a result of Old Mutual Wealth’s acquisition of network Intrinsic. This included a £10 million settlement for its shareholding, and the repayment of £9.5 million in loans. Old Mutual Wealth purchased Intrinsic for an undisclosed fee in February 2014. Sanlam was one of the…
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