NAB 0.41% $26.57 national australia bank limited

nab and amp

  1. 513 Posts.
    NAB in $A1b raid on AMP: report


    The National Australia Bank has reportedly launched a $A1 billion share raid on AMP overnight.

    Radio 2UE has reported that the after market order for the life insurer's shares could be building a platform for a take-over bid.

    The radio cited AMP boss Andrew Mohl as saying his company's plan to separate itself into British and Australian companies was still its preferred strategy.

    He said considerable progress had been made towards the demerger.



    ©AAP 2003
 
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