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[BUSINESS] · Australia · 2 sources

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Zurich completes acquisition of ClearView Wealth, scheme now effective

Zurich Financial Services Australia Limited has confirmed that the scheme of arrangement for its acquisition of ClearView Wealth Limited is now effective. As a result, trading in ClearView shares on the Australian Securities Exchange will be suspended after close on 31 July 2026. Shareholders on the record at 7:00 pm Sydney time on 5 August 2026 will receive a fully franked special dividend of AU$0.05 per share on 12 August 2026. A subsequent scheme record date on 13 August 2026 entitles those shareholders to a cash consideration of AU$0.60 per share, payable on 20 August 2026. The cash amount was reduced from an initial AU$0.65 per share to reflect the dividend distribution.

Entities

ClearView Wealth Limited · Zurich Financial Services Australia Limited

Sources

about 2 months ago
about 2 months ago