Announced
Financials
Sources
Tags
financial services
Demerger
Spin Off
Domestic
Pending
Majority
Diversified Financials
Public
Australia
Single Bidder
Friendly
Private Equity
Synopsis
AMP, a financial services company in Australia and New Zealand, is set to demerge its AMP Capital’s private markets business of infrastructure equity, infrastructure debt and real estate. The proposed demerger follows a decision by the AMP Board to conclude discussions with Ares Management Corporation regarding a potential sale of Private Markets.
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