RSS   Newsletter   Contact   Advertise with us

South Africa's Old Mutual to sell Nedbank shares

Staff Writer | October 18, 2018
South Africa's Old Mutual said on Wednesday it would sell around 5.5 million shares in Nedbank Group to select institutional investors, following the spin-off of the unit.
Nedbank
Africa   Old Mutual holds a majority stake in Nedbank
Old Mutual, which holds a majority stake in Nedbank, has been dismantling its conglomerate structure, created after a series of acquisitions, since it moved its headquarters and primary listing to London in 1999.


 

MORE INSIDE POST