AMP welcomes Commerce Commission findings

AMP welcomes New Zealand Commerce Commission findings

AMP today welcomed the findings announced by the New Zealand Commerce Commission on AMP’s proposal to merge with AXA Asia Pacific.

A merger between AMP and AXA AP’s Australian and New Zealand businesses would create a fifth pillar in the critically important financial services sector, creating a stronger wealth manager to better serve the Australian and New Zealand communities. A merger would also offer both AMP and AXA AP shareholders the opportunity to benefit from the long term growth potential of the combined group.

Below is a link to the New Zealand Commerce Commission media release available on its website.

http://www.comcom.govt.nz/media-releases/detail/2010/amp-granted-clearance-to-buy-axa-s-australian-and-new-zealand-businesses

ENDS

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