March 29 (Reuters) - AMP Ltd AMP.AX :
* UPDATE ON PROPOSED PRIVATE MARKETS TRANSACTION
* CONFIRMS 30-DAY EXCLUSIVITY PERIOD IN ITS HEADS OF AGREEMENT WITH ARES MANAGEMENT CONCLUDED
* ARES HAS EXPRESSED INTEREST IN ACQUIRING 100 PER CENT OF PRIVATE MARKETS BUSINESSES Source ( https:// Further company coverage: AMP.AX