BRIEF-NIB Holdings Ltd Announces Sale Of World Nomads

Reuters
2 hours ago
BRIEF-NIB Holdings Ltd Announces Sale Of World Nomads

Feb 13 (Reuters) - NIB Holdings Ltd NHF.AX:

  • ANNOUNCES SALE OF WORLD NOMADS

  • DEAL FOR FOR CASH CONSIDERATION OF $67.5 MILLION AUD

  • NET CASH REALISATION ON DEAL EXPECTED AROUND $70 MILLION AUD

  • TO SELL WORLD NOMADS INTERNATIONAL TRAVEL INSURANCE BUSINESS TO INTERNATIONAL MEDICAL GROUP

Further company coverage: NHF.AX

((Reuters.Briefs@thomsonreuters.com;))

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