AMP in talks to sell its flagship asset management arm 

Mark Battersby
clock • 1 min read

Australia headquartered financial services group AMP confirmed on 19 April that it was in talks with multiple parties over a potential sale of its investment management unit Collimate Capital, formerly AMP Capital. It said: "Further to its statement on 10 February 2022, AMP Limited confirms that it is in discussions with multiple parties, including Dexus, regarding the potential sale of the assets and businesses of Collimate Capital. "AMP will continue these discussions with a focus on maximising the value for shareholders by getting the best outcome for clients and employees.  "Wh...

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