Clime Investment Management LtdASX: CIW

Strategic Partnership for Advice Business

· Issued by Clime Investment Management Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Clime Investment Management Limited has announced a strategic partnership for its advice business, entering a binding term sheet with an established Australian financial advice group. The transaction will involve the transfer of Clime's financial advice operations to a majority-owned entity by practicing financial advisers, while Clime retains a minority equity interest. Clime aims to focus on capital allocation and investment management, maintaining alignment with the advice business under the Clime Private Wealth brand.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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