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BRIEF-Old Mutual says OM Asset Management closes underwritten public offering
November 20, 2017 / 7:29 AM / a month ago

BRIEF-Old Mutual says OM Asset Management closes underwritten public offering

Nov 20 (Reuters) - OLD MUTUAL PLC:

* ANNOUNCES CLOSING OF AN UNDERWRITTEN PUBLIC OFFERING OF 6,039,630 OF ITS ORDINARY SHARES FOR AGGREGATE PROCEEDS OF APPROXIMATELY $94 MILLION​

* ‍PROCEEDS TO OLD MUTUAL FROM OFFERING ARE EXPECTED TO BE USED FOR GENERAL CORPORATE PURPOSES​

* ‍MORGAN STANLEY & CO. LLC ACTED AS SOLE BOOKRUNNING MANAGER FOR PUBLIC OFFERING​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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