July 6, 2020 / 1:40 AM / a month ago

BRIEF-Metlifecare Received Revised Offer From Asia Pacific Village Group

July 6 (Reuters) - Metlifecare Ltd:

* RECEIVED ON A WITHOUT PREJUDICE BASIS A NON-BINDING INDICATIVE OFFER FROM ASIA PACIFIC VILLAGE GROUP

* COMMITTED TO ENGAGING WITH APVG IN GOOD FAITH TO SEE IF NBIO CAN BE CONVERTED INTO A BINDING SCHEME IMPLEMENTATION AGREEMENT

* OFFER TO ACQUIRE ALL METLIFECARE SHARES FOR NZ$6.00 PER SHARE UNDER A SCHEME OF ARRANGEMENT

* APVG WOULD REQUIRE CO TO FULLY SETTLE LITIGATION IN RESPECT OF SIA DATED 29 DEC 2019, UPON ENTRY INTO A NEW SIA

* RECEIVED ON A WITHOUT PREJUDICE BASIS A NON-BINDING INDICATIVE OFFER FROM ASIA PACIFIC VILLAGE GROUP Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below