Clientèle Limited and Telesure Investment Holdings Proprietary Limited

CDH advised both Clientèle Limited and Telesure Investment Holdings Proprietary Limited on Clientèle's acquisition of 1Life Insurance Limited and Telesure's acquisition of 26% of Clientèle.

15 Nov 2023 1 min read Featured work

The transaction, a category 1 transaction under the JSE Listings Requirements, is worth approximately R1,914 billion. The transaction is subject to certain conditions precedent which are expected to be fulfilled or waived by the end of September 2024.

1Life's operations in the underwritten direct and intermediated life insurance market and the funeral mass market will enhance Clientèle's already diversified financial services product offering to the South African market.

The CDH deal team comprised Jaco Meyer, Yaniv Kleitman, Emil Brincker, Rachel Kelly, Chris Charter, Reece May, John Gillmer, Wayne Murray and Nuhaa Amardien for Clientèle and Ian Hayes, Brian Jennings, Storm Arends, Stephan Spamer, Howmera Parak and Lara Granville for Telesure.

Further information on this transaction has been released on SENS.