Old Mutual extends Skandia offer period

The provider, which has dual listing on both the London and South African stock markets, says strong support has been demonstrated from its own shareholders for the deal after over 90% of the proxy votes received prior to today's extraordinary general meeting showed in favour of each of the four resolutions to be considered at the meeting. The resolutions will be voted on by a poll at the meeting, and the actual results of shareholder voting will be announced by Old Mutual later today. Old Mutual says it will also be issuing a supplementary prospectus shortly incorporating the tradin...