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Steadfast welcomes Calliden shareholder approval

2014-12-08 02:35:15| Furniture - Topix.net

Steadfast Group Limited welcomes the outcome of today's Scheme1 Meeting whereby Calliden Group Limited shareholders approved Steadfast's proposal to acquire 100% of the ordinary shares in Calliden. Upon implementation of the Scheme, Steadfast will immediately on-sell Calliden's general insurance operations and part of the agency operations to Munich Holdings of Australasia , a subsidiary of Munich Re.

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