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Fidelity not yet following Partners on IPO track

CEO says Westpac buy is enough to be thinking about for now.

The chief executive of the country’s largest locally owned life insurer says it is focused on its “immediate opportunities” after raising $140 million from a new shareholder to buy Westpac’s local life insurance business.

Earlier today, Fidelity Life said it would buy the

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Hamish McNicol Tue, 06 Jul 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Fidelity not yet following Partners on IPO track
General Business,
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