×

BRIEF-Old Mutual to sell five of its US affiliates

LONDON, Oct 11 (Reuters) - Old Mutual PLC :

* Entered definitive agreements to sell five of its US affiliates to their

current senior management teams

* These businesses had combined assets under management of $11.7 billion at 30

June 2012.

* Sales are expected to close in the fourth quarter of 2012

((London Equities Newsroom; +44 20 7542 7717))

((For more news, please click here ))