Japanese insurer Sony Life has burst onto the local scene, putting ClearView Wealth in play after snapping up some of Crescent Capital Partner's holding.
Sony Life, a wholly owned subsidiary of Sony Financial Holdings, agreed on Tuesday to buy 14.9 per cent of ClearView from private equity firm Crescent and its co-investors. They had a stake of almost 53 per cent.
Loading...
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
