US asset management giant offers 20% premium in AMP takeover
Ares’ offer has an implied value of $A1.85 a share.
Mon, 02 Nov 2020
The proposed takeover offer for trans-Tasman financial services company AMP has an implied value of $A1.85, 20% above the company’s last closing price.
Last week, AMP confirmed California’s Ares Management had made an indicative, non-binding, conditional proposal to acquire 100% of AMP’s
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