ADVERTISEMENT

Old Mutual says considering all options for strategic review

Old Mutual said on Monday it would give an update on its strategic review on March 11, when it announces its preliminary results.

Millennium Bridge House, the main offices of Old Mutual in Britain, is seen in the City of London, Britain March 6, 2016. REUTERS/Peter Nicholls

Old Mutual, an Anglo-South African financial services company, said on Monday it was considering all options as part of a strategic review it announced in November, but that it had not yet made any decision.

Sky News reported on Saturday that Old Mutual was plotting a 9 billion pounds ($12.8 billion) break-up that could trigger a takeover battle for the company's various operations.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Tinubu secures $600m seaport investment from Danish company

Tinubu secures $600m seaport investment from Danish company

‘Warri Boys in Lagos’ launches ₦1bn appeal fund for multipurpose complex

‘Warri Boys in Lagos’ launches ₦1bn appeal fund for multipurpose complex

Tinubu grants approval for design of Sokoto-Badagry Coastal Highway - Umahi

Tinubu grants approval for design of Sokoto-Badagry Coastal Highway - Umahi

Ganduje: IGP lauded for withdrawing police attached to Kano anti-graft commission

Ganduje: IGP lauded for withdrawing police attached to Kano anti-graft commission

Gunmen brutally murder Aiyedatiwa’s campaign coordinator in front of his house

Gunmen brutally murder Aiyedatiwa’s campaign coordinator in front of his house

Tinubu best thing to happen to northern Nigeria - Arewa group

Tinubu best thing to happen to northern Nigeria - Arewa group

Nursing mothers lament high cost of diapers, mull alternative

Nursing mothers lament high cost of diapers, mull alternative

PDP wins chairmanship seats in all 33 LGs in Oyo State

PDP wins chairmanship seats in all 33 LGs in Oyo State

Air Force strikes terrorists in Niger and economic saboteurs in Niger Delta

Air Force strikes terrorists in Niger and economic saboteurs in Niger Delta

ADVERTISEMENT
ADVERTISEMENT