Wafa Assurance SA (CBSE:WAA) entered into an agreement to acquire majority stake in Pro Assur SA and Pro Assur Vie on April 25, 2019. Wafa Assurance SA will acquire 65% stake in Pro Assur SA and 89.4% stake in Pro Assur Vie. The transaction is subject to regulatory approvals. Wafa Assurance SA (CBSE:WAA) completed the acquisition of majority stake in Pro Assur SA and Pro Assur Vie on November 12, 2019. The transaction was approved by supervisory and regulatory authorities in Cameroon as well as in Morocco.