Australia’s AMP Confirms In Talks To Sell Investment Management Unit

Australia's AMP Confirms In Talks To Sell Investment Management Unit

(Reuters) – Australian Wealth Manager AMP Ltd said on Tuesday it was in talks with multiple parties, including real estate firm Dexus, regarding a potential sale of the assets and businesses of Collimate Capital, formerly known as AMP Capital.

(Reporting by Tejaswi Marthi in Bengaluru; Editing by Krishna Chandra Eluri)