n Personal Finance Newsletter - What to do? What to do? : Old Mutual / Skandia

Volume 2005, Issue 300
  • ISSN :



Extracted from text ... 12 November 2005 Moneyweb's PERSONAL FINANCE OLD MUTUAL/SKANDIA By GEOFF CANDY What to do? What to do? Will the Old Mutual / Skandia deal be good for shareholders? It all depends on who you believe. OLD Mutual shareholders have until the extraordinary general meeting on 14 November to decide whether or not to allow the company to go ahead with its R37bn bid for Skandia. Jim Sutcliffe and Julian Roberts think that it is a good idea to buy the Swedish company, which is roughly the size of Sanlam. Hans Erik-Anderson (Skandia's CEO), the Skandia board, and about 15% of ..

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