From the AFR this evening:American financial services firm Ares Investment Management has tapped Macquarie Group for talks about a combined effort to acquire AMP Ltd.
It is understood Ares has Macquarie running the numbers on AMP’s Australian banking business, AMP Bank, to see whether it would be interested in acquiring the unit as part of Ares’ bid for the whole group.
Looks like the purchase still has life in it yet!
Ares Taps Macquarie For AMP Ltd Purchase
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$1.10 |
Change
0.008(0.69%) |
Mkt cap ! $2.854B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.09 | $3.561M | 3.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 441449 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 1743019 | 53 |
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| AMP (ASX) Chart |