AMP Wealth Management to be standalone business but IPO off indefinitely
The AMP Wealth Management IPO is on the back burner, with the focus instead on building the business.
For those still hoping for a 2019 IPO for AMP’s wealth management business, expectations for a listing any time soon should be laid aside.
The focus for the business, to become a separate entity once the sale of the company’s life businesses is complete, does not include an IPO but instead
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