AMP to float NZ wealth management business, sell insurance operations
AMP expects to reap $A3.45 billion before New Zealand float proceeds.
Jenny Ruth Thu, 25 Oct 2018
AMP is planning to float its New Zealand wealth management and advice business next year.
The transtasman life insurance giant is also planning to sell both its Australian and New Zealand wealth protection and mature businesses to British-based Resolution Life Group for $A3.3 billion.
AMP
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