Old Mutual has sold Italian firm Old Mutual Wealth Italy in its bid to sharpen its focus on the UK market.
Old Mutual sold the business to private equity-owned life insurer ERGO Italia for €278m. The firm said the deal was the final part of the divestment of Old Mutual Wealth's continental European businesses,...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress