SYDNEY, AUSTRALIA: nib holdings limited (nib) (ASX: NHF), a leading health insurer and provider of disability services, has announced the completion of its acquisition of BudgetNet, a National Disability Insurance Scheme (NDIS) plan manager based in Victoria. The acquisition was finalised on Thursday, 21 September 2023, through an asset sale agreement. BudgetNet is the sixth…
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nib holdings to acquire Kiwi Insurance for $43mn
SYDNEY, AUSTRALIA: nib holdings limited announced its New Zealand subsidiary, nib nz holdings ltd (nib NZ) has agreed to purchase 100% of the shares in Kiwi Insurance Limited (a wholly owned subsidiary of Kiwi Group Holdings Limited), for a total consideration of approximately $43 million (NZ$45 million). The acquisition is subject to receipt of regulatory…