Stock Groups

Australia’s AMP to sell local ops of Collimate Capital to Dexus for $179 million -Breaking

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© Reuters. FILE PHOTO – The logo for AMP Ltd is displayed at its central Sydney office, Australia on May 5, 2017. REUTERS/David Gray

(Reuters] – Australian wealth manager AMP Ltd stated Wednesday it would sell Collimate Capital’s domestic equity and real estate business, Collimate Capital to Dexus for A$250,000,000 ($178.5million).

($1 = 1.4004 Australian dollars)

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