Old Mutual Shares Soar On Break-Up Report

Shares (Berlin: DI6.BE - news) in financial services firm Old Mutual (Other OTC: ODMTY - news) have soared after Sky News revealed that it was plotting an audacious £9bn break-up that could spark a takeover battle for some of the City’s most prominent wealth management operations. Old Mutual said it was considering all options as part of an ongoing strategic review, after Sky (LSE: BSY.L - news) reported over the weekend that the Anglo-South African giant was working on a plan to spl