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AMP Exits Private Markets Business With Focus on Banking, Wealth Units | Investing News

(Reuters) -Australia’s AMP Ltd will market unit AMP Capital’s intercontinental infrastructure fairness organization for up to A$699 million ($497.83 million) to U.S.-based DigitalBridge, leaving the wealth supervisor with banking, wealth and monetary guidance divisions. AMP explained on Thursday content/dam/company/shareholdercentre/information/asx-announcements/2022/April/28%20April%20-%20AMP%20sells%20remaining%20Collimate%20Money%20company.pdf it will get an upfront dollars payment of A$462 million […]

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