Wednesday 21 February 2018
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3 months ago

First Mutual gets nod to acquire NicozDiamond

First Mutual Holdings (FML) is set to acquire Zimbabwe s largest short term insurer, NicozDiamond, after getting regulatory approval, the company said yesterday. State-controlled pensions manager National Social Security Authority (NSSA) has transferred to FML its holdings of 300 263 184 NicozDiamond shares constituting 50.89 percent of the entire issued shares of NicozDiamond. In exchange, FML [ ]

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