News

AMP offers share bonanza

Wednesday 8th of October 1997
The AMP Society is recommending its members approve a demutualisation proposal which would give its New Zealand policy holders $1.2 billion worth of shares.
Late last year the board made a decision recommending demutualisation, now it has released details of the offer.
AMP is the third mutual to metamorphose into a privately owned company, but its reasons are different from those of earlie...
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