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Metroglass receives takeover offer from Australia PE firm

Metro Performance Glass says the offer from Crescent Capital Partners is unlikely to be in the interests of shareholders.

NZX-listed glass manufacturer Metro Performance Glass has received an unsolicited takeover offer from an Australian private equity firm.

Crescent Capital Partners, which owns rival glass firm Viridian NZ, is proposing to acquire the trans-Tasman business for 8 cents a share, which would value the

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Nicholas Pointon Tue, 17 Dec 2024
Contact the Writer: nicholas@nbr.co.nz
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Metroglass receives takeover offer from Australia PE firm
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