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Completion of divestment of remaining equity interest in Resolution Life Australasia
Our business
28 June 2022

AMP Limited today announces the completion of the divestment of its remaining 19.13% equity interest in Resolution Life Australasia (RLA)[1] to Resolution Life Group.

The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent which have all now been satisfied.

The successful completion of the transaction strengthens AMP’s capital position. AMP will provide an update on its capital position at its half year results on 11 August 2022.

[1] Resolution Life NOHC Pty Ltd.

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