AMP +1.93%: the wealth management company finished up today despite going ex-dividend on news Dexus has extended the Collimate acquisition deadline to 20 March. It’s been a complex task to unravel the business ahead of the transition, and Dexus has been supportive. Much of the issue lies with the China Life AMP Asset Management (CLAMP) which will now likely form part of a second tranche in the deal where the remaining assets being transferred will complete by 20 March. As part of the amendments, the deal will now go through at the base price of $225m.
MM still has no interest in AMP
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