On the weekend, the government began the process of listing Australia’s largest health insurance provider, Medibank Private, by opening pre-registration register. The pre-registration process will close on October 15 and the prospectus is expected to be available by the end of the month with a listing scheduled before the end of the year. You can pre-register here.
On Sunday, when announcing the pre-registration, Finance Minister Mathias Cormann said that Australian residents, who pre-register to receive a prospectus and then apply for shares, could receive a preferential allocation of shares.
And if you’re a Medibank Private or AHM policyholder, who pre-registers and then applies for shares, you could receive a greater preferential allocation.