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Investec plans to spin off asset management unit on March 13, 2020

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LONDON (Reuters) - Anglo-South African Investec Group said on Friday the demerger of its asset management arm is set for March 13, when it will be renamed Ninety One.Investec plans to list its fund business in London and Johannesburg, as part of a restructuring of the financial services company announced last year.The demerger remains subject to the approval of Investec Plc and Investec Ltd ..
Date Published: Nov 29, 2019
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