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CNA could be sold

The CNA group could be sold to banking group Corp-Capital, according to a News24 report. CNA couldn't confirm the report, but Jeff Liebesmann, Corp-Capital CEO, says the deal is pending the outcome of an audit into the financial standing of the group, and that the transaction will take place if a potential buyer is satisfied with the audit. If a buyer can't be found, the group could face liquidation.

Source: News24

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