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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Metlife’s lawyers insist no reason to call off takeover

Metlife will hire a QC, just in case big guns are needed.

Metlifecare insists there is no lawful basis for a Swedish investor to call off the $1.5 billion deal to buy the retirement village company.

In December, Metlife’s board agreed to the $7 a share takeover bid from Asia Pacific Village Group, the investment vehicle for Swedish investment firm

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Calida Stuart-Menteath Mon, 20 Apr 2020
Contact the Writer: calida@nbr.co.nz
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Metlife’s lawyers insist no reason to call off takeover
General Business,
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