Pula Medical Aid snaps up Symphony

While Symphony’s remaining members approved the offer at a special general meeting recently, the deal is awaiting due diligence from regulators including the Competition Authority and the Non-Bank Financial Institutions Regulatory Authority (NBFIRA). 

If successful, the deal would mean that the 368 remaining members of Symphony Health Medical Trust would transfer to Pula subject to terms and conditions. Initially, Symphony had about 900 members but many terminated their membership during the solvency storm that shrouded the medical aid outfit last year.