Now Swedish-owned Metlifecare to repay $6.8m wage subsidy

Fri, 06 Nov 2020

Metlifecare's new board has decided to repay the $6.8 million wage subsidy the company received before it was taken over by Sweden-based EQT."The whole Metlifecare team has done an extraordinary job in managing the covid-19 crisis and should be commended for their efforts," new chair Paul McClintock said in a statement announcing the decision."While covid-19 has created significant and lasting economic uncertainty globally and in New Zealand, and Metlifecare did qualify for the scheme, EQT and the board has now determined tha...

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