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CLEARVIEW WEALTH LIMITED — Capital/Financing Update 2011
Jan 9, 2011
64733_rns_2011-01-09_fd939b63-40e5-4798-91ce-92072f1d7f36.pdf
Capital/Financing Update
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10 January 2011
The Manager Companies Announcement Office Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000
Dear Sir/Madam,
UPDATE REGARDING THE ACQUISITION OF THE CLEARVIEW BUSINESSES
ClearView Wealth Limited ( ClearView ) has made the final payment to Bupa Australia ( Bupa Australia ) in respect of its acquisition of the ClearView businesses on the basis that the adjustment amount payable is $9.7 million, which results in a total acquisition purchase price of $204.7 million having been paid by ClearView to Bupa Australia. The total acquisition purchase price is $3.9 million above the acquisition purchase price reported on 25 August 2010 as a result of completion adjustments.
About ClearView Wealth Limited
ClearView Wealth Limited is a leading Australian financial services company providing life insurance, wealth management and financial planning solutions. ClearView manages $3.1 billion of client assets and has in-force premiums of approximately $40 million. Additional information is available at www.clearview.com.au.
For further information, please contact:
Simon Swanson Vanessa Beresford Managing Director Investor Relations +612 8095 1588 +612 8095 1310 [email protected]
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