Published: 20 August 2013

Insurance company Aon Holdings Limited will rebrand to Minerva Holdings following the successful acquisition of the company by Masawara Mauritius Limited.

A source close to the development said following approval of the restructuring exercise by the Competition and Tariffs Commission, the company would soon trade under a new name.

Masawara Mauritius bought 69.75% from Minerva Holdings, Aon's parent company, in line with the country's indigenisation and empowerment laws compelling foreign-owned companies to sell controlling stakes to locals.

- NewsDay

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