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.
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.
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!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Tinubu secures $600m seaport investment from Danish company
‘Warri Boys in Lagos’ launches ₦1bn appeal fund for multipurpose complex
Tinubu grants approval for design of Sokoto-Badagry Coastal Highway - Umahi
Ganduje: IGP lauded for withdrawing police attached to Kano anti-graft commission
Gunmen brutally murder Aiyedatiwa’s campaign coordinator in front of his house
Tinubu best thing to happen to northern Nigeria - Arewa group
Nursing mothers lament high cost of diapers, mull alternative
PDP wins chairmanship seats in all 33 LGs in Oyo State
Air Force strikes terrorists in Niger and economic saboteurs in Niger Delta
ADVERTISEMENT