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Australia’s AMP confirms in talks to sell investment management unit

04/19/2022

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2022.04.19 01:51

Australia's AMP confirms in talks to sell investment management unit
FILE PHOTO: The head office building of AMP Ltd, Australia’s biggest retail wealth manager, is seen in central Sydney, Australia, October 28, 2016. REUTERS/David Gray

(Reuters) – Australian Wealth Manager AMP (OTC:AMLTF) Ltd said on Tuesday it was in talks with multiple parties, including real estate firm Dexus, regarding a potential sale of the assets and businesses of Collimate Capital, formerly known as AMP Capital.

04/19/2022

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