Commonwealth Coat of Arms

 

Approval to hold a stake in a financial sector company of more than 20% No. 15 of 2022

Financial Sector (Shareholdings) Act 1998

 

To: The Applicants named in Schedule 1 Since:

  1. On 17 June 2022, the Applicants applied to the Treasurer under section 13 of the Financial Sector (Shareholdings) Act 1998 (Act) for approval to hold a 100% stake in Optus Insurance Services Pty Limited ACN 052 833 208 (Optus Insurance) and each of the companies listed in Schedule 2, each financial sector companies under the Act (the financial sector companies);

 

B.            I am satisfied it is in the national interest for each Applicant to hold a 100% stake in Optus Insurance and each of the financial sector companies,

 

I, Sharyn Reichstein, a delegate of the Treasurer, under subsection 14(1) of the Act, approve the Applicants to hold a 100% stake in Optus Insurance and each of the financial sector companies.

 

This approval commences on the day it is made and remains in force indefinitely. Date: 27 July 2022

 

Sharyn Reichstein General Manager Insurance Division

 

 

Interpretation

 

In this instrument:

 

financial sector company has the meaning given in section 3 of the Act.

stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.

Schedule 1 – the Applicants

 

 

  1. Likewize Olive Intermediate Holdings Pty Ltd ACN 656 108 619;

 

2.      Likewize Olive Holdings Pty Ltd ACN 656 107 970;

 

3.      Likewize Corp. (Delaware);

 

4.      Brightstar Global Group Inc. (Delaware);

 

5.      Resurgent Bidco Inc. (Delaware);

 

6.      Resurgent Midco Inc. (Delaware);

 

7.      Resurgent Holdco Inc. (Delaware);

 

8.      Resurgent Intermediate L.P. (Delaware);

 

9.      Resurgent TopCo L.P. (Delaware);

 

10.  BGG Holdco, LLC (Delaware);

 

11.  Claure Group LLC (Delaware);

 

12.  Mr. Raul Marcelo Claure;

 

13.  BCP Brightstar L.P. (Delaware);

 

14.  Brightstar Capital Partners Fund II, L.P. (Delaware);

 

15.  Brightstar Capital Partners Replay, L.P. (Delaware);

 

16.  Brightstar Capital Partners Fund II-A, L.P. (Delaware);

 

17.  Brightstar Associates II, L.P. (Delaware);

 

18.  Brightstar GP Investors II, LLC (Delaware); and

 

19.  Mr. Andrew Weinberg.

Schedule 2 – the Financial Sector Companies other than Optus Insurance

 

  1. Likewize Olive Intermediate Holdings Pty Ltd ACN 656 108 619;

 

2.      Likewize Olive Holdings Pty Ltd ACN 656 107 970;

 

3.      Likewize Corp. (Delaware);

 

4.      Brightstar Global Group Inc. (Delaware);

 

5.      Resurgent Bidco Inc. (Delaware);

 

6.      Resurgent Midco Inc. (Delaware);

 

7.      Resurgent Holdco Inc. (Delaware);

 

8.      Resurgent Intermediate L.P. (Delaware); and

 

9.      Resurgent TopCo L.P. (Delaware).