Skandia results, appointments continue battle
Skandia's management has come out batting hard following publication of third quarter results this morning, despite Old Mutual's own Extraordinary General Meeting yesterday, which drew strong support from its shareholders to continue the hostile bid for the Swedish insurer.
More than 92% of OM shares were cast in favour of the bid, and OM subsequently announced it was extending the offer period to mid-December. Skandia today has reiterated its stance suggesting its own...
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