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Company Interview / Market Update | AMP, Insignia Financial, Abacus Storage King, Block, AVJennings, South32, Production updates

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Market Update | AMP, Insignia Financial, Abacus Storage King, Block, AVJennings, South32, Production updates

Company Interview21 Jul, 2025

AMP has reported a sharp improvement in cashflows across its core businesses in the second quarter, marking a return to growth in its Superannuation & Investments division for the first time in eight years. The group’s Platforms business delivered a 63% increase in net inflows compared to June quarter last year to $1.56 billion.

Insignia Financial says it remains in discussions with US-based private equity firm CC Capital over a potential $3.4 billion takeover of the company. The talks follow a non-binding and indicative proposal by CC Capital to acquire all shares in Insignia via a scheme of arrangement.

Abacus Storage King has granted the consortium of Ki Corporation and Public Storage access to examine the company's books and records for six weeks to evaluate its $2.17 billion binding acquisition proposal.

Block shares in the US jumped after the bell after S&P Dow Jones Indices said the company will join the S&P 500.

And home builder AVJennings has declared a fully franked special dividend of $0.167 per share, conditional on the proposed acquisition by American real estate giant Proprium Capital Partners.

South32's fourth quarter maganese production was boosted by a recovery in export shipments following weather disruptions at its NT operations earlier this year.

Aurelia Metals produced 45.4Koz of gold for the full year. With FY25 production and cost guidance achieved.

AIC mines - produced 3,200 tons of copper and roughly 1,600oz of gold in the the quarter

Regis Resources gold sales achieved $498 million dollars of revenue for the quarter - its guiding for between 350-380 thousand ounces for FY26.

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Market Update | AMP, Insignia Financial, Abacus Storage King, Block, AVJennings, South32, Production updates - Ausbiz Capital