Wealth and Asset Management
Old mutual COMPLETES sale of Old Mutual Wealth italy
Old Mutual has announcesdthat it has completed the sale of Old Mutual Wealth Italy to Phlavia Investimenti (previously ERGO Italia), owned by Cinven. The transaction was announced 9 August 2016. As at 31 December 2015, OMWI had €7 billion of funds under management and contributed €22 million of post-tax earnings…
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