Aug 20 (Reuters) - African Rainbow Capital Investments Ltd AILJ.J :
* JSE: AIL - PROPOSED ACQUISITION OF 25% SHAREHOLDING IN SANLAM'S THIRD-PARTY ASSET MANAGEMENT BUSINESS
* AFRICAN RAINBOW CAPITAL INVESTMENTS LTD - ARC FS PURCHASING SHARES IN NEWCO WHICH WILL GIVE IT AN EFFECTIVE ECONOMIC INTEREST OF 25% IN SIH
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