RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand - MarketLine Financial Deals

RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand

RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand - MarketLine Financial Deals
RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand
Published Dec 15, 2010
2 pages — Published Dec 15, 2010
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Abstract:

RMB Holdings, LLC (RMBH), a diversified financial services holding company, is planning to acquire an additional 45% stake in OUTsurance Insurance Company, a provider of car and home insurance, business insurance and life insurance, from FirstRand Limited, an integrated financial services company, for a cash consideration of ZAR3,750 million ($549.56 million).

  
Source:
Document ID
MA43342_101222
Country
Country
Ticker
FSR=ZA
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand" Dec 15, 2010. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/RMB-Holdings-to-acquire-additional-45-stake-in-OUTsurance-from-FirstRand-2052-49462>
  
APA:
MarketLine Financial Deals. (2010). RMB Holdings to acquire additional 45% stake in OUTsurance from FirstRand Dec 15, 2010. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/RMB-Holdings-to-acquire-additional-45-stake-in-OUTsurance-from-FirstRand-2052-49462>
  
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