Acquisition of ClearView by Zurich - Scheme is Effective
| Stock | Clearview Wealth Ltd (CVW.ASX) |
|---|---|
| Release Time | 31 Jul 2026, 10:07 a.m. |
| Price Sensitive | Yes |
ClearView Wealth Acquisition by Zurich - Scheme Effective
- Supreme Court approved the acquisition scheme
- Special Dividend of $0.05 per share to be paid on 12 August 2026
- Scheme Consideration of A$0.60 per share expected to be implemented on 20 August 2026
ClearView Wealth Limited has confirmed that the acquisition by Zurich Financial Services Australia Limited is effective, following the approval of the members' scheme of arrangement by the Supreme Court of New South Wales. Shareholders registered on the special dividend record date of 5 August 2026 will receive a special dividend of $0.05 per share, payable on 12 August 2026. Shareholders registered on the scheme record date of 13 August 2026 will receive the scheme consideration of A$0.60 per share, expected to be implemented on 20 August 2026. Shareholders can contact ClearView for further information.
Special Dividend of $0.05 per share on 12 August 2026; Scheme Consideration of A$0.60 per share on 20 August 2026.
The acquisition by Zurich is expected to be implemented as per the schedule outlined in the announcement.