Australia's AMP says Ares keen to buy unit's $1.7 billion private markets business

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By Snakers in News
Updated 3 years ago

Troubled Australian wealth manager AMP Ltd said on Monday that Ares Management was interested in a potential buyout of its A$2.25 billion ($1.72 billion) private markets business, nearly a month after the U.S. private equity fund withdrew its takeover bid for the parent...

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