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- Release Date: 10/07/12 10:30
- Summary: MERGER: MET: METLIFECARE MERGER - OVERSEAS INVESTMENT ACT CONSENT
- Price Sensitive: No
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MET
10/07/2012 08:30
MERGER
REL: 0830 HRS Metlifecare Limited
MERGER: MET: METLIFECARE MERGER - OVERSEAS INVESTMENT ACT CONSENT
Media Release
9 July 2012
METLIFECARE MERGER - OVERSEAS INVESTMENT ACT CONSENT
Metlifecare (NZX: MET) is pleased to announce that it has received consent
under the Overseas Investment Act for the merger with Vision Senior Living
and Private Life Care. The merger was earlier approved by shareholders at a
special meeting on 21 June 2012.
The merger has now satisfied all conditions except for completion of RVNZ
sell-down, scheduled to be confirmed on RVNZ acceptance of book build
commitments on or around 18 July, and no material adverse change at the
scheduled time of settlement (23 July 2012).
ENDS
For more information, please contact:
Andrew Peskett
Company Secretary
Tel: 09-539-8000
Released on behalf of Metlifecare by Jackie Ellis, spice communications group
tel 09 360 8500 or email [email protected]
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.
End CA:00224776 For:MET Type:MERGER Time:2012-07-10 08:30:08
