News24 | MultiChoice inks R1.2bn deal to sell most of its insurance business to Sanlam
![News24 | MultiChoice inks R1.2bn deal to sell most of its insurance business to Sanlam](https://cdn.24.co.za/files/Cms/General/d/11890/7ea2f7d6ac204042bf9ca7d59d370657.jpg)
DStv and Showmax owner MultiChoice has inked a R1.2 billion deal to sell 60% of its insurance business, NMS Insurance Services, to Africa's largest non-bank financial services group Sanlam.