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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.
Old Mutual Emerging Markets welcomes the constructive and supportive engagements with the Minister for Economic Development, his Department and the South African Competition Commission on the proposed corporate restructure taking place as part of Old Mutual plc’s managed separation strategy.
In its quest to find effective solutions to the current water crisis in the Western Cape, Old Mutual has become the first corporate in South Africa to launch a ‘from-waste-to-drinking-water’ filtration project at its Mutualpark offices in Pinelands, Cape Town.
Old Mutual marks an important milestone today when it hosts a showcase for investors ahead of the primary listing of its emerging markets businesses as Old Mutual Limited (OML) on the Johannesburg Stock Exchange (JSE) next year.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?