Share
- Release Date: 23/07/12 14:57
- Summary: MERGER: MET: Metlifecare Completes Merger - Vision and Private Life Care
- Price Sensitive: No
- Download Document 1.62KB
MET
23/07/2012 12:57
MERGER
REL: 1257 HRS Metlifecare Limited
MERGER: MET: Metlifecare Completes Merger - Vision and Private Life Care
Media Release 23 July 2012
METLIFECARE COMPLETES MERGER WITH VISION AND PRIVATE LIFE CARE
Metlifecare has today completed the merger with Vision Senior Living and
Private Life Care Holdings, which was approved by shareholders at a special
meeting on 21 June 2012.
Metlifecare Chairman, Peter Brown, said: "Metlifecare is now one of New
Zealand's largest retirement village operators, with a strong development
pipeline. Management's immediate focus is on integrating the three
organisations and realising the synergies. We will also focus on generating
sustainable future value and returns for our shareholders."
ENDS
For more information, please contact:
Tristram van der Meijden CFO Metlifecare
Tel: 09-539-8000
Released on behalf of Metlifecare by Jackie Ellis, spice communications group
tel 09 360 8500 or email [email protected]
Previous announcements from Metlifecare on the merger are available to view
on the Metlifecare website. www.metlifecare.co.nz
About Metlifecare:
Metlifecare is a publicly listed aged care and retirement lifestyle company.
Established in 1986, the company has a proven track record of successfully
owning and managing retirement villages in New Zealand. Metlifecare currently
owns villages in prime locations throughout New Zealand, with most providing
provide a full continuum of care from independent villas and apartments
through to serviced apartments, rest homes and hospitals.
www.metlifecare.co.nz
End CA:00225182 For:MET Type:MERGER Time:2012-07-23 12:57:49
