Skandia Dispute Settled by Payout ; in Brief

Evening Standard - London › October 03, 2008

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Summary

LIFE assurer Old Mutual today said its Swedish subsidiary Skandia has been ordered to pay [pounds]47 million in compensation to settle a dispute over the sale of Skandia's asset management arm.

Skandia Liv made the claim following the sale of Skandia Asset Management to Den Norske Bank in 2002.

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Extract

Skandia Dispute Settled by Payout ; in Brief

Old M...

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