The Star newspaper reports that the shares of Insurance giant, Old Mutual, are set to fall by up to 30% on 3 November.

Old Mutual is set to unbundle its 12.2% state in Nedbank on that date.

Current Old mutual shareholders will receive 1.31954 Nedbank shares for every 100 Old Mutual ordinary hares held on the record date of 5 November, 2021.

Please read the full story in today’s Star Newspaper – 21 October 2021.