Only available link I could I could find at the moment:
https://www.businessspectator.com.au/article/2014/10/30/dataroom/dataroom-am-wesfarmers-weighs-amp
Good move for both I guess, Suncorp also mentioned as a takeover target.
"Giant conglomerate Wesfarmers has reportedly begun inquiries about the worth of AMP, tapping industry sources to get a handle on the true value of the $16.7 billion wealth management firm. While a deal is not seen as imminent, the WA-based suitor is believed desperate to get a foothold in the finance sector.
Adding to the speculation is news that Wesfarmers has dropped its push for a $150 million financial licence, in a potential sign of confidence in securing a licence via acquisition, while the recent divestment of its insurance business allays competition fears.
Suncorp is also rumoured to be in Wesfarmers sights, with a buyout of either firm to cost over $20bn once a takeover premium is factored in."
- Forums
- ASX - By Stock
- WES
- WES looking at AMP
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WES (ASX) to my watchlist
|
|||||
Last
$74.28 |
Change
0.100(0.13%) |
Mkt cap ! $84.27B |
Open | High | Low | Value | Volume |
$74.50 | $74.62 | $74.19 | $8.196M | 110.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 60 | $74.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$74.28 | 315 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 400 | 74.250 |
2 | 94 | 74.240 |
7 | 136 | 74.230 |
1 | 25 | 74.220 |
4 | 189 | 74.210 |
Price($) | Vol. | No. |
---|---|---|
74.260 | 51 | 5 |
74.270 | 125 | 10 |
74.280 | 25 | 1 |
74.290 | 231 | 10 |
74.300 | 173 | 8 |
Last trade - 10.50am 20/08/2024 (20 minute delay) ? |
Featured News
WES (ASX) Chart |