Promisia Healthcare Limited (NZX:PHL) has today confirmed the finance condition for the acquisition of Aldwins House, with settlement of the $13 million purchase price expected to occur on 31 March 2022.
BNZ has received finance offers from BNZ ($7.5 million) and Senior Trust Retirement Village Income Generator Limited ($1.5 million).
PHL will release a notice of meeting in the next two weeks giving shareholders full particulars of the finance arrangements.
Mr Stephen Underwood, Chairman of PHL, is available for further information.
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