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UPDATE 2- AMP sounded on UK assets.

Europe Intelligence Wire

(From FT Investor (Stories))

AMP, the embattled Australian financial services group, on Thursday revealed it had received several approaches from potential buyers for some of its UK assets, but said no one had made a takeover offer for the whole group.

After a fiery annual meeting in Sydney, Andrew Mohl, chief executive, confirmed AMP was testing the market for interest in its NPI business, Towry Law, the independent financial adviser, and Ample, an online fund supermarket.

"[But] Henderson fund management, Pearl and London Life remain part of AMP," Mr Mohl told journalists. Pearl in particular had caused problems for AMP after it last year …

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UPDATE 1- AMP receives several approaches for UK units.: News wire article from: Europe Intelligence Wire May 15, 2003 700+ words

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