trending Market Intelligence /marketintelligence/en/news-insights/trending/IeW_3ihNlAlb0jGDS_WRfw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Metcarelife says unsolicited takeover offer undervalues company

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Metcarelife says unsolicited takeover offer undervalues company

Metlifecare Ltd. said the third party which previously expressed interest in buying the company proposed an offer price below the company's valuation.

New Zealand-based Metlifecare, which owns and operates retirement villages, said the non-binding indicative offer from that entity was NZ$6.50 per share. After consideration, the company said its board held the view the offer is below the company's valuation, which ranges in excess of NZ$8 per share.

Metlifecare added the offer is unlikely to be supported by the requisite majority of voting shareholders. Specifically, the Accident Compensation Corp., Nikko Asset Management and Generate have advised they would vote against the offer, the company said in a news release.

The third party may still revise the offer, but there are no assurances that it will do so, Metlifecare said.

As of Dec. 18, US$1 was equivalent to NZ$1.52.