Sequoia Financial sold Sequoia Insurance Brokers and Interprac General Insurance

SYDNEY: Sequoia Financial Group Limited (ASX: SEQ) has sold its general insurance broking businesses to WIB Corporate Pty Ltd, a company 100% owned and controlled by Cameron Bott. WIB Corporate has acquired 100% of the shares in Sequoia Insurance Brokers and Interprac General Insurance at 2.4 times annual revenue for the period to June 30,…