Ericsson wrote:From the financial statements the company increased it's stake in Zep Re from 15% to 19.98%
Shareholding in Uganda Re was tripled and it's stake is now 11.5%
I hope the investees are very profitable. I would not mind a takeover, on reasonable terms, of UgandaRe or even ZepRe coz KenyaRe has outgrown Kenya.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett