News: Old Mutual PLC (OML.L)

OML.L on London Stock Exchange

200.30GBp
28 Nov 2014
Price Change (% chg)

-0.10p (-0.05%)
Prev Close
200.40p
Open
201.10p
Day's High
201.90p
Day's Low
200.10p
Volume
9,140,368
Avg. Vol
12,961,119
52-wk High
211.52p
52-wk Low
163.80p

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Wed, Nov 26 2014

Carlyle, Old Mutual to acquire S.African tyre firm from Ethos

JOHANNESBURG, Nov 26 - U.S. buyout firm Carlyle Group LP and the private equity arm of insurer Old Mutual have agreed to buy South African tyre retailer Tiger Automotive from Ethos Private Equity, Ethos said on Wednesday.

S.Africa's Nedbank to merge corporate, investment banking units

JOHANNESBURG, Nov 26 - Nedbank, the South African lender majority owned by insurer Old Mutual, will merge its corporate and investment banking units, it said on Wednesday, bringing wholesale operations under one management team.

Carlyle to buy tyre firm stake in maiden South Africa deal: source

JOHANNESBURG - U.S. private equity firm Carlyle Group LP has agreed to acquire a stake in South African tyre dealer Tiger Wheel & Tyre, according to a person familiar with matter, marking its first deal in Africa's most developed economy.

Fitch Rates Old Mutual's Proposed Subordinated Debt 'AA(zaf)(EXP)'

(The following statement was released by the rating agency) LONDON, November 21 (Fitch) Fitch Ratings has assigned Old Mutual Life Assurance Company (South Africa) Limited's (OMLACSA; AAA(zaf)/Stable) proposed issue of subordinated debt securities an expected rating of 'AA(zaf)(EXP)'. The final rating is contingent on the receipt of final documents conforming to information already received. KEY RATING DRIVERS The notes are rated two notches below OMLACSA's National Long-Term Rating to refl

BRIEF-Lewis Group says Old Mutual Investment Group cut stake in co to 4.94 pct

* Old mutual investment group's total interest in co has decreased to 4.94 pct of issued capital of company Source text for Eikon: Further company coverage:

UPDATE 1-Old Mutual sales hit by weaker rand, assets rise

(Adds background, CFO comment, analyst comment, share price)

BRIEF-Old Mutual Asset Management sees $3 bln in Q3 flows

LONDON, Nov 5 - Old Mutual Asset Management Q3 results - majority owned subsidiary of Old Mutual.

Old Mutual assets rise 5 percent, gross sales drop

LONDON, Nov 5 - Anglo-South African financial services group Old Mutual said its funds under management rose 5 percent this year compared with the full-year of 2013, but gross sales fell.

BRIEF-Old Mutual Global Investors to merge a property fund with Henderson UK Property

* Deal where the Old Mutual Property Fund will merge into the Henderson UK Property OEIC

Old Mutual's wealth arm buys UK's Quilter Cheviot

LONDON - Financial services group Old Mutual's wealth arm said on Friday it would buy money manager Quilter Cheviot from European private equity house Bridgepoint, strengthening its focus on richer customers.

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