|Bid||192.00000 x 106000|
|Ask||201.00000 x 500000|
|Day's Range||194.10001 - 197.10001|
|52 Week Range||168.30000 - 229.84300|
|PE Ratio (TTM)||16.75|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Anglo-South African financial services group Old Mutual may launch a small initial public offering for its UK wealth management arm as part of a planned break-up of the company, it said on Thursday. Old Mutual is planning to break itself up into four parts as it says regulatory change makes the company too complex to run in its current form. The firm aims to list Old Mutual Wealth as well as its emerging markets division in London and Johannesburg "at the earliest opportunity in 2018 after our full year results", chief executive Bruce Hemphill said in a statement ahead of Old Mutual's annual general meeting.
Anglo-South African financial services firm Old Mutual is selling 17 million shares in U.S. fund firm Old Mutual Asset Management (OMAM), it said on Tuesday, cutting its minority stake in the firm by a further 15 percent. Old Mutual has said it plans to break itself up into four parts by the end of next year and is selling its OMAM stake as part of that process. Old Mutual is selling 17.3 million shares in OMAM in a secondary offering at $14.55 per share, it said in a statement.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Old Mutual Plc Here are 5 ETFs with the largest exposure to OML-GB. Comparing the performance and risk of Old Mutual Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)