Business
AMP receives takeover bid from US private equity firm Ares – Sydney Morning Herald
Less than two months after announcing it was exploring options to splinter the group, AMP has received a takeover bid from US private equity firm Ares.
Wealth giant AMP has announced it has received a takeover proposal from an American private equity firm to acquire 100 per cent of its shares, almost two months after it put parts of the company up for sale.
AMP told the market on Friday morning it had received an indicative, non-binding, conditional proposal from Ares Management Corporation to buy the company, but said no decision had been made. It didn’t provide any details on the pricing of the proposal.
AMP has received a takeover bid from a…
-
Noosa News14 hours agoMan dies in Brisbane crash, women and girl rushed to hospital
-
Noosa News20 hours agoChilling new details emerge in terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
Business19 hours agoAre BHP shares are buy after its results?
-
General23 hours agoProductivity summit ends day two with progress on rules changes to boost housing supply