Peace breaking out in Metlifecare stoush?

Peace breaking out in Metlifecare stoush?
Pattrick Smellie
The Metlifecare takeover by Swedish investor EQT appears to be back on track, but at $6 rather than $7 a share, in a move that could avoid a costly, prolonged legal battle over EQT's attempt to welch on the deal. EQT's Asia Pacific Village Group delivered a revised non-binding indicative offer to the Metlifecare board yesterday afternoon, with chairman Kim Ellis saying that its largest single shareholder, the New Zealand Superannuation Fund at 19.9 percent, was "broadly supportive of Metlifecare urgently progressing APVG's NBIO" and deferrin...

More Markets

How Sharesies is providing ‘patient’ capital for listeds
Finance

How Sharesies is providing ‘patient’ capital for listeds

The online platform is being tapped for bookbuilds and dividend reinvestment plans.

NZX rallies 0.87% as tariff uncertainty eases
Markets Market Close

NZX rallies 0.87% as tariff uncertainty eases

Skellerup bounced 4.11% as investors digested easing tariffs. 

Gregor Thompson 13 May 2025
Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Ian Llewellyn 13 May 2025
Vista to take 25 Picturehouse Cinema sites to the cloud in 2025
Markets

Vista to take 25 Picturehouse Cinema sites to the cloud in 2025

The listed cinema software firm has its AGM on May 21.