Old Mutual (ODMTY.PK) is selling the Finnish branch of Skandia Life Assurance to OP-Pohjola osk,...

|About: Old Mutual Plc. ADR (ODMTY)|By:, SA News Editor

Old Mutual (ODMTY.PK) is selling the Finnish branch of Skandia Life Assurance to OP-Pohjola osk, as part of Old Mutual's strategy to streamline its business. The price of the deal was not disclosed, but the branch held gross assets of €1.3B as of the end of September.