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.
If only the Govt and ASIC put in the same time and effort to ensure retail advisers were better equipped…
I was a risk only adviser for the last 15 years of my advice career. I.e. no inveestment advice in…
Outstanding contribution with analytical precision. Balanced and yet crucially critical on incompetent policy thinking in a free market. Well done…
How is an unrelated sub sector of any real difference to an unrelated Adviser that has nothing to do with…
You're clearly an AIOFP member and most likely licensed by Interprac, The AIOFP record in this area is abhorent.