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AMP provides further update on portfolio review
Our business
02 November 2020

Further to AMP’s announcement on 30 October in relation to the indicative, non-binding, conditional proposal from Ares Management Corporation, AMP attaches the Form 8-K Current Report which has since been filed by Ares with the US Securities and Exchange Commission.

Ares’ proposal is at an implied value of A$1.85 per AMP share. AMP emphasises the preliminary nature of the proposal and discussions between itself and Ares, and that there is no guarantee that a transaction will eventuate and no certainty with regards to price.

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Lachlan Johnston
+61 466 026 702
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Mark Roberts
+61 (0) 466 328 581