Enterprise Group PLC has signed an agreement to acquire Acacia Health Insurance (AHI), subject to regulatory approval. The acquisition of AHI once completed, will constitute the achievement of the last of the three main deliverables in plans the Group shared with its shareholders during the 2018 Rights Issue.
2018 Rights Issue
It would be recalled that as per the Company’s 5year strategic goal to deliver growth, Enterprise Group PLC raised capital of GHS219,720,000 through the rights issue for 3 key reasons:
The Group is delighted to confirm fulfilment of ALL of the above plans to shareholders as follows:
The Management and Board of Enterprise Group PLC are grateful to shareholders for their support and pledge to continue to work assiduously to return long-term value for all stakeholders.
Acacia Health Insurance is a Private Commercial Health Insurance Scheme established in 2012. The Company works with over 600 service providers across the country, covering over 30,687 lives.
Acacia’s premium-based health benefit offerings, comes in four different packages - Unicare Plan, Premiercare Plan, Supercare Plan and Supercare Plus plans. Each package is designed to cater for a specific category of business and level of employee. These options cover hospital consultations, surgeries, dental care, prescribed drugs and optical care among others.
Acacia also offers non-premium based Third Party Administered packages. In addition, Acacia also offers an international health insurance cover with benefits designed for business that operates only on the African markets or around the world.