DS Group to acquire a majority stake in Magma General Insurance from Sanoti Properties in a $526m deal.

Synopsis

DS Group, a FMCG conglomerate company, agreed to acquire a majority stake in Magma General Insurance, an insurance company, from Sanoti Properties in a $526m deal.

Principals

target

Magma General Insurance

bidder

Ds Group

Show Details & Financials

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Market Context

ambit

financial advisors

target

Deals

£ 36.98 B

Total Value