Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

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.

Please click here for full details

See more ASX300 News Announcements