Metlife chairman will vote against takeover, cites NZ Super pressure
Kim Ellis sets out his reasons for being the lone dissenter in scheme booklet.
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Metlifecare chairman Kim Ellis will vote against the scheme of arrangement takeover by Asia Pacific Village Group a nd claimed major shareholder NZ Super Fund tied the board’s hands to negotiate a higher price.
The offer price is $6 a share, down from $7 in the original scheme agreement made in
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