FANews
FANews
RELATED CATEGORIES

Old Mutual emerging markets is on track with managed separation

11 January 2018Old Mutual

Further to the media release on 9 January 2017, we are pleased to announce that the Competition Tribunal has approved the acquisition of Old Mutual plc by the newly incorporated Old Mutual Limited, as was recommended by the Competition Commission. This approval by the Competition Tribunal is a significant step towards the listing of Old Mutual Limited as a standalone entity this year.

Today’s Competition Tribunal hearing, follows Minster of Economic Development, Ebrahim Patel, welcoming Old Mutual’s decision to make South Africa the primary base for all of its operations. Minister Patel said “the move back home of one our South Africa’s premier financial institutions would help inject investor confidence in the economy, and is a well-timed signal that we can grow the economy.”

We are excited and look forward to the homecoming of Old Mutual from the UK to the African continent.

 

Quick Polls

QUESTION

Millennials make up 30% of the South African job market; these are your clients and future clients. Do you engage with them?

ANSWER

No, not my target audience
Yes, the same as all my other clients
Yes, via social media
Some engagement but by far the most difficult generation to engage with
AE fanews magazine
FAnews August 2018 EditionGet the latest issue of FAnews

This month's headlines

The value of being an FPI Member
Blockchain… the compliance silver bullet?
What constitutes fair treatment?
It will never happen to me
A new era of value-added services
Expert advice leads to proper protection
Subscribe now