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Metlifecare to buy half of Selwyn Foundation’s retirement village ops

The foundation last month declined to comment on rumours of imminent sale.

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Formerly listed aged care giant Metlifecare, taken over by Swedish investment firm EQT Partners in a $1.27 billion deal last November, is acquiring six of the Selwyn Foundation’s retirement villages.

The Selwyn Foundation, chaired by former Labour Party leader David Cunliffe, is a Christian

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Hamish McNicol Thu, 25 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Metlifecare to buy half of Selwyn Foundation’s retirement village ops
Investment,
89800
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