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 News23 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News24 hours agoBrisbane-bound traffic diverted after pile-ups along Bruce Highway
-
General21 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland
-
Noosa News23 hours agoMan arrested after police chase: Driver shot, woman dies in crash