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AMP rolls out new AXA proposal

AMP has announced yet another proposal to merge with AXA Asia Pacific’s Australian and New Zealand business, according to a statement. Under the proposal, AXA APH shareholders would receive the equivalent of A$6.43 (US$6.37) per share, consisting of cash and AMP shares as well as AXA APH’s final dividend of up to 9.25 Australian cents per share. AXA APH shareholders…

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