Old Mutual will acquire a majority stake in 10X Investments, the South African company specializing in asset management, thus strengthening its presence in the passive investment market. The transaction, concluded with Old Mutual Private Equity (OMPE) and DiGAME Investments, is valued at 2.2 billion rand (USD 120 million) and is expected to be finalized in…...
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South Africa: Old Mutual takes majority control of 10X Investments for USD 120 million
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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