Companies / South Africa
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Old Mutual SA And Lethimvula Look To Merge
May 2008 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Old Mutual South Africa (OMSA) has signed a memorandum of understanding with Lethimvula Investments that would see the merger of their respective healthcare interests to form South Africa's largest medical insurance administrator. The new entity would cover around 2.3mn health insurance policies. Currently, South Africa's largest health insurer is Discovery Health, with 2.05mn