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Former Sasol employees challenge petrochemical giant on environmental compliance at annual general meeting

One of the resolutions shareholders voted on at this AGM was Sasol’s climate change management approach. Like all the resolutions voted on, it was passed, but with the lowest majority of votes 77.36% of shareholders voted for it. ....

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Sanlam deal may value Absa investment unit at R700m

‘It is a good deal for Sanlam in terms of the price paid, which is not excessive.’ ....

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Absa could get up to R3bn by selling its asset management arm

MONEYWEB
app instead?
To Sanlam and African Rainbow Capital Investments.
By Justin Brown, Citywire
2 Jun 2021
16:16
Open:
Open:
Open:
Image: Waldo Swiegers/Bloomberg
Rand Merchant Bank Morgan Stanley (RMBMS) has calculated thatÂ Absa could garner billions of rand by selling its asset management arm.
Last month, Bloomberg reported Absa was in talks to sell Absa Asset Management (AAM) to Sanlam and Patrice Motsepeâs African Rainbow Capital Investments (ARCI). Absa, Sanlam and ARCI all declined to comment on that report.
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