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South Africa’s Capitalworks to Acquire Aon’s Shareholding in 10 SAA Countries
JOHANNESBURG (Capital Markets in Africa) – Capitalworks, a leading Africa focused and based private equity firm specialising in investing on the continent, is to acquire Aon’s shareholding in 10 employee benefit, insurance, and reinsurance brokerage operations in Angola, Kenya, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Tanzania, Uganda and Zambia. The new entity will become Aon’s exclusive correspondent for these 10 countries and will be Aon’s largest exclusive global network correspondent on the African continent. The transaction will become…
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