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UPDATE 3-Australia's AMP ends talks with Ares, opts for spin-off

* New company to list on the Australian stock market * AMP announces A$200 million share buyback * Further cash-backs to investors unlikely - UBS (Recasts and updates throughout with investor, share reaction) SYDNEY, April 23 (Reuters) - Embattled Australian wealth manager AMP Ltd has ended protracted talks to sell its asset management armโ€™s private markets business to Ares Management Corp, instead announcing on Friday it will spin off and re-brand the unit. The restructure is expected to be ...
New Zealand New South Wales Allan Gray Stephen Coates Debra Hazelton Nikhil Kurian Nainan

UPDATE 3-Spain's Abengoa requests bankruptcy process after creditors lose patience

* Creditors refuse to extend deadline on restructuring talks * Regional government says it is unable to help (Updates with bankruptcy request) MADRID, Feb 22 (Reuters) - Spanish engineering and renewables company Abengoa said on Monday it had decided to voluntarily request to start the bankruptcy process after its creditors refused to extend a deadline for negotiating a restructuring agreement. A proposed restructuring to tackle Abengoaโ€™s 6 billion euro ($7.30 billion) debt mountain has unrav...
Spain General David Goodman Nathan Allen Ingrid Melander Howard Goller September Abengoa

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