Momentum Metropolitan Holdings Limited entered into agreement to acquire unknown stake in RMI Investment Managers Group Proprietary Ltd. from OUTsurance Group Limited.

Momentum Metropolitan Holdings Limited (JSE:MTM) entered into agreement to acquire unknown stake in RMI Investment Managers Group Proprietary Ltd. from OUTsurance Group Limited (JSE:OUT) on September 12, 2023. The transaction is subject to customary terms and conditions, including approval by the competition authorities.