Listed Companies

BRIAN GAYNOR: Metlifecare – chairman Kim Ellis is on the ropes

Brian Gaynor
Fri, 12 Jun 2020

BRIAN GAYNOR: Metlifecare – chairman Kim Ellis is on the ropes
Brian Gaynor
Fri, 12 Jun 2020
The bitter dispute between Metlifecare and the Swedish-owned Asia Pacific Village Group is unique. It is rare because New Zealand companies are more inclined to contest offers from offshore raiders whereas Metlifecare wants to enforce a takeover offer that has been terminated by the Swedish bidder. Metlifecare chairman Kim Ellis is throwing far more punches than he did in the Waste Management/Transpacific conflict 14 years ago but this time he clearly is on the ropes. If Ellis and his large Metlifecare shareholders continue to throw pu...

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