Clearview Capital Acquired by Argent

Argent Capital Corp. said Wednesday that it has acquired Clearview Capital Corp., a wholesale lender that provides funds to other lenders, in a reverse merger.

Argent said it issued to Clearview Holding Corp. SA a 75% interest in Argent in exchange for Clearview Capital.

Argent was formerly known as Sunport Medical Corp., which merged with its Argent unit and reincorporated in Nevada. It had been incorporated in British Columbia.

Following a reduction in the outstanding shares of Argent on a 30-to-1 basis, Clearview received 1.86 million new Argent shares. Christopher Millar will become chief executive of Argent in April, when his commitments as managing director of Bankers Trust, Hong Kong, end.

Argent owns and operates diagnostic imaging and physical rehabilitation centers in San Antonio.