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Nedbank misses targets as recession bites

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The banking group expects earnings for the year ahead to be in line with subdued economic growth.

ANNOUNCEMENT | Nedbank Group Limited

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Nedbank Group confirmed the decision by Old Mutual Limited to implement the unbundling of a significant portion of its shareholding in Nedbank Group to OML shareholders today, Monday, 15 October, 2018 and Nedbank Group's intention to implement an odd-lot offer following the Unbundling.

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