Arvida’s shares jump on news it turned down takeover offer
The company walked away from a highly conditional offer to acquire the company’s shares for $1.70 in September. Shareholders want more 'colour' on this deal.
NZX-listed retirement village operator Arvida Group has revealed it received an unsolicited offer to acquire the business by an “offshore infrastructure fund” in September.
The company entered into a trading halt at 3.30pm following a rumour from a “credible source” in relation to potential
