Two Australian financial services firms have engaged in a £550m bidding war for Old Mutual Global Investors (OMGI), the asset management arm of Old Mutual, according to reports.
Challenger and Macquarie Investment Management are two of a "small handful" of bidders for the £25bn stake in the asset management arm of the Anglo-South African financial services group, according to...
£1bn business since inception
Considered doing so in 2015
Client communication considerations
Aviva: ‘We are sorry’
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