JLT sells 20% stake in South African unit to investment management company
JLT has sold a 20% stake in its JLT South Africa subsidiary to Thebe Investment Corporation for £164 842 as part of a strategic long-term agreement between the businesses.
An additional 5% will be held by an employee share trust, the combination of which confirms JLT's commitment to the South African government's Black Economic Empowerment programme.
JLT Risk &
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