FBN
Insurance will launch a bid next week to buy out the 28.8 percent minority stake
in Oasis Insurance that it does not already own, in a deal valued at N1.03
billion ($6.34 million).
FBN
Insurance, jointly owned by Nigeria’s FBN Holdings (65 %) and South Africa’s Sanlam (35%), acquired a
71.2 percent stake in the motor and fire insurer in February.
It
will offer
