NHF nib holdings limited
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News: NHF NIB Holdings Completes Purchase Of QBE's Travel Insurance Business

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    13/05/19
    16:20
    Post #: 38540800

    May 13 (Reuters) - Nib Holdings Ltd (NHF) :

    • NIB COMPLETES PURCHASE OF QBE'S TRAVEL INSURANCE
    • ONE-OFF TRANSACTION AND INTEGRATION COSTS ARE FORECAST TO BE ABOUT $11 MILLION
    • ACQUISITION WILL ALSO SEE NIB TRAVEL BECOME EXCLUSIVE TRAVEL INSURANCE PARTNER OF QANTAS ACROSS AUSTRALIA AND NEW ZEALAND
    • AMORTISATION OF RELATED IDENTIFIABLE INTANGIBLES ARE EXPECTED TO BE APPROXIMATELY $2 MILLION ANNUALISED

    Source: http//bit.ly/2LAdu6v

    (([email protected];))

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