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In 1997 and 1998, the company acquired UK stockbrokers Capel-Cure Myers and Albert E. Sharp respectively, which then merged to form Capel-Cure Sharp. [6] By 1999, it was demutualised and the company listed on the London, Johannesburg, Zimbabwe, Malawi and Namibian Stock Exchanges as Old Mutual.
Following the demutualisation of the Old Mutual Society in 1999, a holding company, Old Mutual plc, was established for the Group and listed on the London, Johannesburg, Malawi, Namibia and Zimbabwe stock exchanges.
Old Mutual's origins trace back to the mid-19th century, and the beginnings of the mutual aid movement that had helped transform the British housing market in the United Kingdom.
February 2006 - Old Mutual plc completes the acquisition of Skandia. May - July 1999 - Old Mutual is demutualised and Old Mutual plc lists on the London, Johannesburg, Zimbabwe, Malawi and Namibia stock exchanges. Listing price is 120p (R11.25), giving the company a market capital of £3.9bn (R36.8bn).
Quilter plc, formerly known as Old Mutual Wealth Management Limited, is a British multinational wealth management company formed to take over the UK wealth management business of Old Mutual plc after its separation of business.
Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times.
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Who is Old Mutual Limited?
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, Zimbabwe, Namibia and Botswana Stock Exchanges. The company was founded 1845 as a mutual insurance company by John Fairbairn.
