Australia’s AMP sells AMP Capital’s international infrastructure equity unit for $498 million By Reuters


© Reuters. FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office located in central Sydney, Australia, May 5, 2017. REUTERS/David Gray

(Reuters) – Australian wealth manager AMP (OTC:) Ltd on Thursday announced the sale of AMP Capital’s international infrastructure equity unit for total value of up to A$699 million ($497.76 million) to U.S.-based digital infrastructure investment firm DigitalBridge.

($1 = 1.4043 Australian dollars)

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