You may be aware the Australian Government has implemented a process to privatise the health insurer Medibank Private Limited.
Medibank Private is Australia’s largest private health insurer and provides health insurance cover for over 1.9 million policyholders and their families across Australia. Once listed on the Australian Stock Exchange it will sit comfortably inside the top 100 companies by market capitalization.
The prospectus for the offer opens as of Tuesday October 28th 2014 & the closing date for lodging applications is Friday November 14th 2014.
Banksia Partners has written a Discussion Paper concerning the merits of the Medibank Private Share Offer which can be accessed by clicking here.
If you have already pre-registered for the Medibank Private Share offer you can access a pre-filled application on line. You will have received an email notifying you of your Application Reference Number (ARN) at the time of your pre-registration. If you have asked for a hard copy application it should have/will be mailed shortly.
Completing the online pre-filled application form is straightforward but requires payment to be made via either BPay or via Direct Debit from a nominated bank account. To complete the online application go to medibankprivateshareoffer.com.au
If you have NOT pre-registered you can still apply to receive a Prospectus or make an application through the above mentioned website prior to the 14th of November 2014.