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South Africa’s Liberty to buy 75% stake in Nigeria’s UNIC insurance for $12m

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  South Africa’s Liberty Holdings will acquire a 75 percent stake in a Nigerian long-term insurer, UNIC Insurance Plc for 160 million rand ($12 million), the company said on Friday, pursuing its strategy of expanding in the region. Liberty has been expanding beyond its home base to parts of Africa, where demand is rising from ...

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