September 10, 2019 / 12:46 AM / 6 days ago

Australia's embattled AMP raises $92 mln to support restructuring plan

Sept 10 (Reuters) - Australia’s AMP Ltd said on Tuesday it had raised about A$134.1 million ($92 million) under its share purchase plan, which will support the troubled wealth manager’s restructuring plan.

The placement will see 83.8 million shares issued at A$1.60 on Sept. 13, and completes its A$650 million capital raise. (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Himani Sarkar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below