The article was written in 2009 as BUPA was bedding down MBF for $2.4 billion and b4 execution. I do not know what "let along (sic) on "increased expectations"" means so can't help you there.
BUPA is set up for its British members as its articles are referenced to its British members. Even the name and its domicile are evidence enough. I mean you do accept that BUPA is the acronym for British United Provident Association and it is a not-for-profit organization registered in Britain?
The MPL IPO Offer Document referenced this about BUPA as well.
U will not find that fact about BUPA being profitable in Australia but not-for-profit in Britain in every article written on BUPA as it is an undeniable fact of its association, even the full name for BUPA says it all.
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