Clearview Wealth Announces Regarding Termination of Cooperation Agreement with Sony Life

ClearView Wealth Limited advised that no offer for the Board’s consideration has been received from Sony Life Insurance Co., Ltd. Accordingly, ClearView has issued a termination notice under the Cooperation Agreement between ClearView and Sony Life which was disclosed to the market on 13 January 2017.

Following careful consideration, the ClearView Board (with Sony Life’s nominee director abstaining from the vote) has come to the decision that it is in the best interests of ClearView to no longer continue with the Cooperation Agreement and to exercise its right to terminate on three months’ notice to Sony Life. The Cooperation Agreement will terminate on Thursday, 26 July 2018.


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