One option that AMP should consider is making an on market bid on AGF at say $1. Once AMP gains at least an extra 30% ( not counting AMP Life 37% holding), AMP can close the offer and delist AGF. This would allow AMP to retain a China fund and build a better business model. It also saves AMP this excruciating 9 to 18 month of bad publicity that AMP will have to endure. And good result for those AGF holders who wants to get out.
AGF Price at posting:
91.0¢ Sentiment: Hold Disclosure: Held
