Arvida shareholders vote in favour of $2b Stonepeak takeover
Getting a $1.70 per share takeover offer when trading at $1.05 ‘really tests your mettle’: Arvida chair Anthony Beverley.
One of Arvida's Queenstown properties.
Arvida shareholders have voted in favour today of New York-based Stonepeak’s $2 billion offer for the retirement village operator which celebrates its 10th anniversary this December.
The total vote was 99% in favour of the deal, representing 70% of total issued capital which was well above the
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