Old Mutual sells Baltimore-based life insurance unit
Old Mutual Plc said Friday it sold its Baltimore-based U.S. life insurance unit, formerly F&G Life, to Harbinger Capital Partners for $350 million. The $350 million is a great price for U.S. Life, especially as it has been on the cards for a long time with many investors calling for its disposal, Chris Gilmour a Johannesburg-based [...]
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Old Mutual sells Baltimore-based life insurance unit
