AMP Capital to be set free

AMP Capital to be set free
Dan Brunskill
AMP plans to separate its AMP Capital private market investment arm into an independent business after talks to sell the division fell through.  The demerger would create two “more focused businesses” that are better equipped to allocate capital and realise efficiencies, AMP said in market announcement.AMP Ltd would continue operating as a retail-focused wealth management company and would retain a minority stake in the new Private Markets business, which would continue its work investing in infrastructure equity and debt, and...

More Markets

The pros and cons of Sky’s big deal
Markets

Eden Bradfield: The pros and cons of Sky’s big deal

You'd best hope streaming and advertising revenue make up for the $1 purchase.

Infratil and Ebos help drive NZ stocks higher
Markets Market Close

Infratil and Ebos help drive NZ stocks higher

Infrastructure investor helped the sharemarket end the week on a positive note.

Tom Raynel 25 Jul 2025
Bathurst fails to strike-out Talley's claims
Markets

Bathurst fails to strike-out Talley's claims

Talley's is alleging Companies Act breaches by its coal JV partner.

Pattrick Smellie 25 Jul 2025
New CFO for KMD Brands
Markets

New CFO for KMD Brands

Carla Webb-Sear has been appointed group chief financial officer for KMD Brands.She will join the group executive team on Aug 4 and report to Brent Scrimshaw, group chief executive and managing director.She joins KMD Brands from Qantas, where she was chief financial and strategy...

Staff reporters 25 Jul 2025