CareSuper and Spirit Super finalized their merger on Nov. 1, with the new A$53 billion ($35 billion) entity operating under the banner of CareSuper.
The funds first announced the potential merger in November 2022 and subsequently entered into a memorandum of understanding.
Following an extensive due diligence process, Spirit Super and CareSuper entered into a binding agreement to merge in June 2023, and earlier this year confirmed that the deal would be completed at the beginning of November.
