“We were absolutely working in good faith to a potential transaction around all or parts of their private markets business and the AMP board ultimately decided to go in a different direction,” a clearly unimpressed Arougheti answered, according to the Motley Fool transcript.
//Primer So they wanted it and were disappointed they did not get it
Some suggest that the AMP directors were becoming increasingly anxious about looking commercially inept, as negotiations with Ares dragged on without an end in sight.
//Primer They took to long and AMP had to get some direction
analysts generally agree that AMP Capital’s infrastructure equity business is worth in the vicinity of $1.2 billion, while the infrastructure debt business is likely worth about $600 million.
“We were absolutely working in good faith to a potential...
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$1.32 |
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Mkt cap ! $3.392B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 82349 | $1.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 68991 | 4 |
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