Old Mutual says to split up four main units

Anglo-SouthAfrican financial services company Old Mutual Plc said on Friday it would split up its four main units -Old Mutual Emerging Markets, Old Mutual Wealth, Nedbank Group and OM Asset Management to unlock value.

The company said it expected the separation to be materially completed by the end of 2018.

($1 = 0.7004 pounds)