20th Apr 2022 18:27
Old Mutual Ltd - Cape Town-based investments, savings, insurance and banking company - Enters into a ZAR2.8 billion broad-based Black Economic Empowerment ownership transaction, named the Bula Tsela transaction. This is to meet and exceed its 30% B-BBEE ownership target. This will be achieved through the issue of 205.3 million shares for cash, representing around 4.4% of the company. Read More