Connect with us

National

Boe back in the box seat at AMP – The Australian Financial Review

It’s clear AMP’s senior executives hold all the trump cards in negotiations with potential acquirers of the embattled wealth giant.

Published

on

The latent power enjoyed by Pahari and other top AMP Capital executives was crystallised when the AMP board led by new chairman Debra Hazelton slapped a “for sale” sign on the company’s various businesses.
It was clear AMP’s senior executives would hold all the trump cards in the negotiations with potential buyers of the embattled wealth giant.
Long-suffering AMP shareholders on Friday reacted jubilantly to the confirmation of a takeover proposal from Los Angeles-based Ares Management Corporation.

Click here to view the original article.

Safety Mate