Africa
PraxisIFM acquisition expands Swiss and African presence
Channel Islands-based financial services group PraxisIFM has acquired Ampersand Management, a fiduciary and corporate governance consultancy, to enhance its presence in Switzerland and expand the company’s footprint in Africa.
ANALYSIS: Changes for the ‘changemaker’ as OMW priced up
The four-way split of Old Mutual may be big news globally, though for many observers – and potential acquirers – the more remarkable story is its growing Wealth business.
Old Mutual to break into 4 new businesses
South African financial services group Old Mutual has decided to break up its business into four separate units as it believes they will perform better independently.
Old Mutual considering break-up options
Speculation is growing that Old Mutual, the global financial services group, may be about to announce plans to break up its operations into four new units.
Barclays to sell its stake in Africa bank
Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.