Wednesday, October 26, 2005
Old Mutual shares up on bid rumours - market report
Story: Old Mutual, the UK-listed financial services group, was the subject of bid speculation yesterday, a Guardian market report said. The unsourced report noted rumours that the South African-focused company has attracted bid interest, without specifying potential suitors. Old Mutual shares were 1.25p up at 131.5p, giving the company a market capitalization of GBP 5.37bn (EUR 7.89bn).