Arborgen, AMP in potential mergers, acquisitions : vimarsana

Arborgen, AMP in potential mergers, acquisitions


Photo: 123rf
The Australian newspaper speculated the New Zealand arm of AMP Capital is being looked at by Australian investment giant, Macquarie, as its parent looks to sell more non-core assets.
Citing unnamed sources the paper said the operation, which offers investment management services including KiwiSaver funds, was potentially worth $500 million.
The business has previously been slated for divestment through a sale, or NZX listing, before AMP decided to keep it as a stand-alone operation.
The renewed talk of a sale has been prompted by expectations that AMP, badly scarred in the fallout from the Australian banking Royal Commission, will need extra funds to cover further consumer and restructuring costs.

Related Keywords

Australia , Melbourne , Victoria , New Zealand , Brazil , Australian , , Royal Commission , Fletcher Forests , New Zealand Listed , ஆஸ்திரேலியா , மெல்போர்ன் , விக்டோரியா , புதியது ஜீலாந்து , பிரேசில் , ஆஸ்திரேலிய , அரச தரகு , பிளெட்சர் காடுகள் , புதியது ஜீலாந்து பட்டியலிடப்பட்டுள்ளது ,

© 2025 Vimarsana