Metlifecare hires Jarden to help with suitor

By Paul McBeth | Tue, 26 Nov 2019


Metlifecare has hired Jarden to help with the unsolicited and what it calls unsatisfactory offer, despite describing the offeror as a credible buyer.  The retirement village operator and developer hired Jarden to advise it and has set up various working groups within the company, it said in a statement. Metlifecare said it didn't anticipate another update for at least the next two weeks.  Last week, Metlifecare said it suspended its $30 million share buyback programme and started talking to the bidder. It said it received a highly conditi...