A shareholder has lodged an objection with the High Court against the Swedish buyout of Metlifecare.
The new capital will reduce Vital's gearing to 33 percent and NorthWest plans to free up further capital by selling about $100 million of more mature assets.
There are glimmers of life in the commercial property market after a $2 billion pandemic-inspired hit.
NZ's love affair with property is showing no signs of abating, but realtors are reluctant to repay their wage subsidies.
Infrastructure Editor
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articles by Oliver