ClearView announces strategic review
Publicly-listed life insurer ClearView has announced a strategic review to determine the future direction of the company.
ClearView announced to the Australian Securities Exchange today that the strategic review followed an evaluation of the company’s future capital structure and discussions with its largest shareholder, Crescent Capital Partners.
It said the objective was “to maximise ClearView shareholder value, determine the optimal future direction of the company to protect and enhance customer and policyholder outcomes, and achieve a long-term shareholding base”.
It said the review would assess ClearView’s strategic options to unlock and enhance value for shareholders including potential change of control transactions.
It said the Board would at all times protect customer and policyholder interests and there were no assurances that the ClearView Board would decide to pursue any transaction.
He is not a former consumer advocate. He is a career activist with an extremist agenda. There's a whole bunch…
So how does Mr Longo explain fining AMP $24 million for charging $600,000 to deceased clients, yet Australian Super is…
Why is it when ASIC and Super funds are mentioned together in an article, I immediately think of Chief Wiggum…
Don't worry...I've already arranged for Mr Longo to be a future Director of AustralianSuper in 2029. I've even given him…
Good to see ASIC shine their light into these areas. I'm still cynical though. Can someone explain to me why…