A partner ?
AMP Capital is under the spotlight, with its adviser UBS believed to be weighing options for the entity that has $200bn worth of assets under management.
Apparently investment bankers at UBS have been busy trying to determine whether its $6.36bn financial services client AMP should move away from AMP Capital, considered one of the most valuable parts of its business. While plenty of parties are believed to be keen to buy the business, it is thought UBS could be leaning towards a plan for its client that involves finding a capital partner to jointly own the asset manager.
Can AMP reach $5, page-261
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Last
$1.53 |
Change
0.010(0.66%) |
Mkt cap ! $3.860B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.55 | $1.52 | $15.80M | 10.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80077 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 102476 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |