Wed, Sep 24, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

NZ Superannuation Fund plans to buy 17 pct of Metlifecare

Posted on 25 October 2013

New Zealand’s Superannuation Fund said on Friday it had entered a conditional agreement to buy a 17 percent stake in retirement village operator Metlifecare for NZ$126 million ($105.11 million). Under the agreement, the fund would buy shares for NZ$3.53 per share, and take the fund’s total holding of the company to 19.9 percent.
The announcement follows a statement by New Zealand infrastructure investor Infratil Ltd earlier in the day that it would buy a 19.9 percent stake in Metlifecare………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14798 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930