ClearView Wealth Says Scheme of Arrangement for Acquisition by Zurich Financial Becomes Effective
MT Newswires Live
Jul 31
ClearView Wealth (ASX:CVW) lodged an office copy of the court orders approving its proposed acquisition by Zurich Financial Services Australia with the Australian Securities and Investments Commission (ASIC) on Friday, at which time the scheme of arrangement became effective, according to a same-day Australian bourse filing.
It is expected that the trading in ClearView's shares on the ASX will be suspended from close of trading on Friday.
ClearView's shares fell nearly 1% in recent trading on Friday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.