Business
Break up doesn’t add up at AMP: UBS – The Australian Financial Review
Forget about the AMP Ltd’s sum of the parts being worth more than the whole.
Forget about the AMP Ltd’s sum of the parts being worth more than the whole.
That long touted line is a myth, according to UBS analysts, who reckon breaking up the financial services bigwig would be a bad idea for shareholders.
Street Talk. Michel O’Sullivan
“The option of breaking AMP up does not generate increased shareholder value in our view, with stranded costs and capital dissynergies likely diluting any higher value asset sales,” UBS analysts told clients on Wednesday morning.
The comments…
-
Noosa News20 hours agoKatter and pregnant wife crash-land plane in outback Qld
-
Noosa News20 hours agoFollowing Up Hottest 100 of Australian Songs Success with a Second Documentary About Your Life and Career: Jimmy Barnes Talks ‘Working Class Man’
-
General17 hours agoRussia launches hundreds of drones and missiles against Ukraine in fresh attack
-
Business21 hours ago16 ASX 200 shares roar to multi-year highs amid new market milestone