Legal
Old Mutual Said to Mull Wealth Unit Sale, Dropping IPO, on Costs
Old Mutual Plc, Africa’s largest insurer, may drop plans for a listing of its U.K. wealth management unit because of escalating costs from an upgrade of its investment platform, according to a person familiar with the matter. While managers at Old Mutual Wealth want to proceed with an initial public…
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Click here to read the full story: Bloomberg