Old Mutual says considering all options for strategic review

Pulse Staff 07:36 - 07 March 2016

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

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.