The merger of AMP and AXA Asia Pacific Holdings’ (AXA APH) Australian and New Zealand businesses has gone through.
The cash component of the share scheme consideration has been dispatched and new shares issued to the AXA APH minority shareholders under the share scheme, AMP stated. Share scheme participants will receive the equivalent of $6.43 per share.
AMP expects the purchase of AXA APH’s Asian business by AXA SA to be concluded on Friday, 1 April.
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