Royal Bafokeng to buy M&F

November 5, 2007
Old Mutual bows to foreign shareholders who want it to ditch its SA interests, writes Richard Stovin-Bradford
OLD Mutual, South Africa' s largest life assurer, is poised to sell a controlling stake in its 77%- owned subsidiary Mutual & Federal (M&F) to a black economic empowerment (BEE) group in a deal worth more than R8-billion.

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