Sun Mar 6, 2016/Reuters Old Mutual, the Anglo-South African financial services firm, is plotting a 9 billion pounds ($12.8 billion) break-up which could trigger a takeover battle for its various operations, Sky News reported. Without citing sources, it said the group is working on a plan to divide itself into […]
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Old Mutual eyes Africa profit boost as ramps up investments
Anglo-South African financial services group Old Mutual Plc plans to raise the share of profits generated by its African business to 15 percent by the end of next year from 10 percent at present, the firm said on Wednesday. The group has already spent a quarter of its $500 million […]
