CLICO International General Insurance has been purchased by Sandridge Limited.
Following 18 months of legal discussions, the deal was signed last Friday by hotelier Bernie Weatherhead, on behalf of Sandridge Limited, and Terrence Thornhill, acting on behalf of CLICO Holdings. The signing took place at the law offices of Clarke Gittens Farmer.
In an exclusive interview with the DAILY NATION yesterday, Weatherhead did not put a figure on the purchase price.
On Friday DNO published a story related to this matter.
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