On 24 February 2026, ClearView announced that it had entered into a scheme implementation deed with Zurich Financial Services Australia Limited (a wholly owned subsidiary of Zurich Insurance Group Ltd), under which Zurich agreed to acquire all of the ClearView shares on issue by way of a scheme of arrangement for $0.65 per ClearView share, implying an equity value for ClearView of approximately $415 million.
Implementation of the scheme is subject to the satisfaction of certain conditions, including the approval of the scheme by ClearView shareholders, court approval, ACCC clearance and APRA approval, as well as other customary conditions.
ClearView is an ASX-listed Australian life insurer committed to partnering with financial advisers to help Australians and their families achieve peace of mind about their future. The proposed transaction underscores continued strategic investment in Australia’s financial services sector.
G+T’s Corporate and M&A team is being led by partners John Williamson-Noble and Chris Morse, supported by lawyers David Konstantopoulos and Kate Munn. G+T’s Corporate and M&A team is being supported by Competition, Consumer and Market Regulation partner Tanya Macdonald and lawyer Aaron Park and Tax lawyer Matthew Charman.
Partner Chris Morse commented:
We are delighted to be supporting long-standing client, ClearView, and its directors and executive leadership team, on this important public markets transaction. If implemented, it will be a significant milestone in Australia’s life insurance sector. Zurich’s proposed acquisition of ClearView reflects both the strategic value of high-quality adviser-aligned platforms and the increasing sophistication of public M&A in the mid-cap financial services space.
