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AMP Sells International Infrastructure Equity Business

28 Apr 2022  |  09:52:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AMP sells international infrastructure equity business

AMP announced that it has entered into an agreement for the sale of Collimate Capital's international infrastructure equity business to DigitalBridge Investment Holdco, a wholly-owned subsidiary of DigitalBridge Group for an upfront consideration of A$462m and total value of up to A$699m. Combined with the A$430m from the sale of the domestic infrastructure equity and real estate business announced on 27 April 2022 and the A$578m from the sale of the infrastructure debt platform completed in February 2022, this values the total Collimate Capital business at up to A$2.04bn including the value of retained assets, and up to A$2.5bn when including the maximum earnouts.

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