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The same year HSBC backed away from its plan to acquire 70% of Nedbank, including Old Mutual's 53% share. [13] In 2011, Old Mutual sold US Life to Harbinger Group Inc. for $350 million. [14] Old Mutual sold its Nordic operations to Skandia Liv for £2.1 billion in 2012. [15] In 2013, Old Mutual strengthened operations in Africa with the ...
Quilter plc, formerly known as Old Mutual Wealth Management Limited, is a British multinational wealth management company formed to take over the UK wealth management [3] business of Old Mutual plc after its separation of business. [4] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.
The listings will see shareholders receive one share in new UK wealth management company Quilter and three in Old Mutual Limited for every three Old Mutual shares currently held. Old Mutual has ...
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The company started operations in 2001 on a joint venture between Kotak Mahindra Bank Ltd and Old Mutual Plc. [ 11 ] [ 12 ] [ 13 ] In 2017, Kotak Mahindra Bank bought Old Mutual's 26 percent stake in the life insurance joint venture for Rs 1,293 crore, subject to approvals, making the life insurance company fully owned by Kotak Mahindra Group.
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The headquarters of Old Mutual East Africa Group are located in the 33-storey Old Mutual Tower, located on Hospital Road, in Upper Hill, Nairobi, about 3 kilometres (2 mi), southwest of the city's central business district. [2] The coordinates of the company headquarters are: 01°17'56.0"S, 36°49'10.0"E (Latitude:-1.298889; Longitude:36.819444).