as per AMP release;
ASX RELEASE | 30 October 2020
AMP provides update on portfolio review
AMP today confirms that it has received an indicative, non-binding, conditional proposal from Ares
Management Corporation, a US-based company, to acquire 100 per cent of the shares in AMP Limited by
way of scheme of arrangement.
AMP notes discussions on the proposal are at a very preliminary stage and there is no certainty that a
transaction will eventuate.
AMP continues to progress its Portfolio Review announced on 2 September 2020. AMP has received
significant interest in its assets and businesses and is assessing a range of options in a considered and
holistic manner, including continuing to pursue its three-year transformation strategy, with a focus on
maximising shareholder value
Ann: AMP provides update on portfolio review, page-2
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Last
$1.32 |
Change
-0.010(0.75%) |
Mkt cap ! $3.368B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.34 | $1.32 | $3.916M | 2.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34918 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 21059 | 4 |
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