We Help Companies Find New Sales Opportunities
Old Mutual is to sell Rogge Global Partners, the London-based asset management firm, to Allianz Global Investors for undisclosed terms.
Old Mutual is seeking acquisitions to expand its financial services business in the UK, and is particularly interested in a life or asset management company.
Old Mutual is considering plans to expand its financial services business in the UK through acquisition, in order to reduce its dependence on South Africa.
Old Mutual is planning to acquire Fleming Offshore Banking, the JP Morgan Chase private banking business that operates from Guernsey and the Isle of Man, for £51m.
Old Mutual is to acquire Gerrard Group, the financial services company, for £525m, and expects to establish a private banking service using Gerrard's banking licence.
Old Mutual of South Africa has sold its UK life insurance business to Century Life for £75m, which will involve the transfer of 150,000 customers.