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Update on proposed private markets transaction
Our business
29 March 2021

AMP Limited today confirms the 30-day exclusivity period in its Heads of Agreement with Ares Management Corporation (“Ares”) for a proposed AMP Capital private markets transaction, announced on 26 February 2021, has concluded.

AMP and Ares continue to work towards a potential transaction and Ares has expressed interest in acquiring 100 per cent of the private markets businesses.

There is no certainty that a transaction will proceed, or the terms, size or structure on which it would proceed. Any transaction would remain subject to approval of AMP shareholders.

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Lachlan Johnston
+61 466 026 702
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Mark Roberts
+61 (0) 466 328 581
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Katherine Perry
+61 (0) 411 247 629