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Metroglass board rejects 18c a share offer from Wells, Masfen

NBR Listers who own 25% of company table offer valuing business at $33m.

Dita De Boni Tue, 18 Jul 2023

The board of Metro Performance Glass has rejected an 18 cents a share bid for all shares in the company made by a consortium led by NBR Listers Peter Masfen and Peter Wells, saying it “significantly undervalues” the business.

This morning, shareholder notices released to the NZX showed that

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Dita De Boni Tue, 18 Jul 2023
Contact the Writer: dita@nbr.co.nz
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Metroglass board rejects 18c a share offer from Wells, Masfen
Investment,
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