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Old Mutual Plc. ADR (ODMTY)

- OTCPK - Current
  • Wed, Apr. 15, 8:26 AM
    • Old Mutual's (OTC:OLMUY) Julian Roberts will step down as chief executive officer of Africa's largest insurer in the fourth quarter to be replaced by Standard Bank's (OTCPK:SGBLY) Bruce Hemphill.
    • Since becoming CEO during the 2008 global financial crisis, Roberts has sold assets, overseen an initial public offering for the insurer's U.S. asset management business and paid down debt.
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  • Dec. 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.
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  • Aug. 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)
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Company Description
Old Mutual Plc. manages long-term savings.