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AMP confirms 100% bid from US asset management giant

The company in September announced a strategic review of all its assets.

A US asset management giant with $US165 billion under management is in talks to acquire all of AMP Capital by scheme of arrangement.

AMP confirmed today that California’s Ares Management had made an indicative, non-binding, conditional proposal to acquire 100% of AMP’s shares. The Australian

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Hamish McNicol Fri, 30 Oct 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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AMP confirms 100% bid from US asset management giant
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