.
MergerLinks Header Logo

New Deal


Announced

EQT Partners terminates acquisition of Metlifecare.

Financials

Edit Data
Transaction Value£761m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium38%
One Off Charge-

Tags

Edit

Failed

New Zealand

Scheme

Single Bidder

retirement villages

Health Care Facilities

Private Equity

Public

Acquisition

Friendly

Majority

Synopsis

Edit

EQT Partners withdrew its $996m offer to acquire Metlifecare, an owner and operator of retirement villages, providing rewarding lifestyles and outstanding care. EQT Partners announced the termination of the deal due to the coronavirus concerns and Metlifecare's failure to comply with its obligations under the Scheme Implementation Agreement.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US