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

New owners at Metlifecare repay wage subsidy

It’s a moral decision, says chief executive Glen Sowry.

Tim Hunter Fri, 06 Nov 2020

The new owners of retirement village operator Metlifecare have decided to repay its $6.8 million Covid-19 wage subsidy, saying it is “the right thing to do”.

The decision follows the completion of a $1.28 billion takeover scheme on Tuesday by Swedish private equity firm EQT and the

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Tim Hunter Fri, 06 Nov 2020
Contact the Writer: thunter@nbr.co.nz
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New owners at Metlifecare repay wage subsidy
General Business,
85487
true