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

(Reuters) -Australia’s AMP Ltd will promote device AMP Capital’s global infrastructure fairness company for up to A$699 million ($497.83 million) to U.S.-centered DigitalBridge, leaving the prosperity supervisor with banking, prosperity and economic guidance divisions. AMP mentioned on Thursday https://corporate.amp.com.au/articles/dam/company/shareholdercentre/information/asx-announcements/2022/April/28%20April%20-%20AMP%20sells%20remaining%20Collimate%20Funds%20small business.pdf it will get an upfront money payment of A$462 million […]