Investec split planned for March
SA’s largest asset manager Investec is spinning off its asset-management unit, which will be known as Ninety One
29 November 2019 - 10:01
The demerger and listing of Investec’s asset management business in London and Johannesburg will take place on March 13 2020, SA’s largest asset manager said on Friday.
After the asset management unit, to be renamed Ninety One, is unbundled, about 55.9% of its total issued share capital will be held by Investec ordinary shareholders, the company said in a statement...
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