Sagicor Group Jamaica announced this week that it has completed the purchase of the securities dealer book of Alliance Investment Management Limited, AIML, by its subsidiary Sagicor Investments Jamaica Limited.

The price of the acquisition and the size of the portfolio of business were not disclosed.

In a media statement Sagicor said it had completed its due diligence and fulfilled all regulatory requirements following the signalling of its intention in April to ink the deal. The business acquisition followed Sagicor Group’s purchase of 100 per cent of the shares in another Alliance entity, Alliance

https://jamaica-gleaner.com/article/business/20220817/sagicor-wraps-alliance-investment-securities-portfolio-deal