ClearView completes BUPA transaction
ClearView Wealth’s acquisition of the wealth management businesses of BUPA Australia is now complete.
The company announced to the Australian Securities Exchange (ASX) today that it had made the final payment to BUPA.
It said the total acquisition purchase price to BUPA Australia was $204.7 million, which was $3.9 million above the price reported on 25 August last year.
ClearView now has $3.1 billion in assets under management, along with in-force premiums of around $40 million.
AUTHOR
Mike Taylor
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