AMP News: UPDATE 2-AMP exits private markets business with focus on banking, wealth units - 28th Apr 2022, 10:08am

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* Sells AMP Capital's international infrastructure equity business

* AMP Capital valued at up to A$2.04 bln

* To return net cash proceeds via capital returns, buy-backs (Updates with details on deal, context, CEO comment and background)

By Sameer Manekar

April 28 (Reuters) - Australia's AMP Ltd will sell unit AMP Capital's international infrastructure equity business for up to A$699 million ($497.83 million) to U.S.-based DigitalBridge, leaving the wealth manager with banking, wealth and fin...

>>> Read more: UPDATE 2-AMP exits private markets business with focus on banking, wealth units
 
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