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Lansdowne Partners Covers Old Mutual Short PositionMarket Folly • Thu, Jul 8, 2010
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- | On the move
- Wednesday, December 21, 2011, 3:06 AM 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. Comment! [Financials, M&A]
- Monday, August 23, 2010, 7:31 AM HSBC (HBC +0.9%) confirms it's in exclusive talks with Old Mutual (ODMTY.PK) to buy up to 70% of South Africa's Nedbank (NDBKY.PK) in a deal that could be worth as much as $6.8B. (previously) Comment!
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