EQT Partners to acquire Metlifecare for $837m.

EQT Partners agreed to acquire Metlifecare, New Zealand's retirement village provider, for $837m. The agreement comes after the termination of the previous c. $1bn offer. "We have always indicated that the Board of Metlifecare is open to engaging on any reasonable alternative proposal. We welcome receipt of APVG’s NBIO and intend to canvass shareholders on whether they prefer this alternative. While there remain a number of issues to resolve and there is no guarantee we will be able to reach agreement, we look forward to productive discussions with APVG," Kim Ellis, Metlifecare Chair.