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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 110 ZAR | +0.61% |
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+0.59% | -23.45% |
| Apr. 19 | South African insurer Old Mutual gets green light to establish bank | RE |
| Apr. 04 | Consumer spending growth in South Africa steadied in 2023, report shows | RE |
JOHANNESBURG (Reuters) - South Africa's Discovery will raise debt worth about half of the $246 million (154.61 million pounds) it needs to acquire full ownership of Prudential Health Holdings, its chief executive said on Monday.
"At this stage, about 50-50 and this will be entirely onshore," Adrian Gore told analysts when asked about the split between debt and internal resources in funding the purchase.
South Africa's biggest health insurer is buying the remaining 25 percent stake it does not already hold in its UK joint venture with Prudential Assurance Company.
(Reporting by Helen Nyambura-Mwaura; editing by David Dolan)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1,927 PTS | -0.00% | +0.64% | - | ||
| 451.4 PTS | +0.84% | -0.78% | - | ||
| 153.2 PTS | +0.33% | +0.40% | - | ||
| 8.29 USD | -1.07% | -0.24% | 20.31B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -23.45% | 3.83B | |
| +14.62% | 79.66B | |
| +8.73% | 51.99B | |
| +1.49% | 48.18B | |
| +9.08% | 41.99B | |
| +7.20% | 39.96B | |
| +19.13% | 37.85B | |
| -8.37% | 27.37B | |
| -19.52% | 24.45B | |
| +6.12% | 21.84B |
DISCOVERY LIMITED 
