AMP Says $2.3 Billion Life Unit Sale ‘Unlikely’ to Proceed

Jul 14 2019, 10:34 PMJul 15 2019, 2:44 AMJuly 14 2019, 10:34 PMJuly 15 2019, 2:44 AM

(Bloomberg) -- Australian wealth manager AMP Ltd.’s planned overhaul of its scandal-hit business is in tatters after the A$3.3 billion ($2.3 billion) sale of its life unit collapsed. The shares san...