Enterprise Group PLC has entered into an agreement to fully acquire Acacia Health Insurance Limited, it has said in a statement signed by Sadia Chinery-Hesse, Group Head, Legal and Company Secretary.
The statement, dated Wednesday, 16 June 2021, said the transaction is subject to regulatory approval.
Acacia has been in existence since 2013 and is a major private health insurance provider.
Commenting on the transaction, Enterprise Group CEO, Mr Keli Gadzekpo, said: “We are very excited about this transaction, which has been a significant part of our strategy for some time”.
“With the addition of health insurance to our portfolio, we are poised to make an even greater contribution to the insurance industry and look forward to offering our services as thoroughbreds to a wider segment of the market”, he noted.
Source: classfmonline.com