Old Mutual completes acquisition of Oceanic Life
Old Mutual acquired from Ecobank a majority participation in Oceanic Life. Ecobank has made a strategic U-turn in order to focus on its core craft. It will, nonetheless, keep a minority stake in the capital of Oceanic Life which will be renamed Old Mutual Nigeria. A strategic partnership with Ecobank will be maintained in order to expand the insurer’s range of products.
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Wed, 22/05/2013 - 11:51
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