MET Receives Non-Binding Indicative Offer from APVG

  • Jul 06, 2020 NZST
  • Team Kalkine
MET Receives Non-Binding Indicative Offer from APVG

Metlifecare Limited (NZX:MET) had received a non-binding indicative offer from Asia Pacific Village Group Limited on Sunday 5th July 2020. The offer is to purchase all the shares of MET for $6.00 per share via a Scheme of Arrangement (NBIO).

The Board members of the company have decided to engage with APVG in good faith to find out if the NBIO can be changed into a binding Scheme Implementation Agreement (SIA).

The company has also advised shareholders to not to take any actions at this time.

 


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