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Old Mutual profit rises on S.African bank strength

August 8, 2012 Comments Off on Old Mutual profit rises on S.African bank strength

August 8, 2012, 11:20 am

LONDON (Reuters) – Insurer Old Mutual reported a better-than-expected 12 percent rise in half-year profit, helped by a strong performance at its South African banking unit, and said it was pressing ahead with plans to expand in sub-Saharan Africa.
Old Mutual, which r…

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