Sanlam is considering the Barclay's offer for the purchase of ABSA’s shares

South Africa's second Life insurance company Sanlam is currently studying Barclay's bid for the purchase of some of the shares it holds in Absa for a price that has been kept secret. Both Salam and Absa have established a joint bancassurance network since 2002. Barclay is currently operating in twelve African countries.