insert_link Business / Economics Trustco Calls General Meeting for Legal Shield Holdings Acquisition Vote Trustco has set a General Meeting for January 7, 2025, where shareholders will vote on acquiring an additional 1,135 shares in Legal Shield Holdings for N$469 million, increasing its stake to 91.35%. The deal, initially announced in April 2024, was detailed in a circular sent to shareholders. TrustCo's Neville Basson: todayDecember 6, 2024 17
insert_link Local Nictus Holdings Group of Companies Expands with Strategic Acquisition of Build IT Walvis Bay Branch Walvis Bay, Namibia – 06 November 2024 – Nictus Holdings Group of Companies, a leading name in retail, furniture, and insurance services in Namibia, is proud to announce the acquisition of the Build IT Walvis Bay branch. This strategic move is part of Nictus’s ongoing commitment to growth, community development, and providing comprehensive services to its customer base across Namibia. The Build IT Walvis Bay branch has been an integral […] todayNovember 12, 2024 26
insert_link Business / Economics Trustco increases stake in Legal Shield Holdings Trustco Group Holdings Limited has announced the acquisition of an additional 11.35% interest in Legal Shield Holdings Limited from Riskowitz Value Fund LP for N$ 468 million. The strategic transaction fortifies Trustco's investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted assets acquired encompass Trustco Insurance Limited, Trustco Life Limited, and an extensive real estate portfolio spanning […] todayApril 23, 2024 62