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Mergers & Acquisitions

Macquarie Capital sounding out buyers for EQT-owned Metlifecare

1 min read

After the $1.2 billion sale of Arvida to U.S.-based private equity firm Stonepeak in July, is it any shock that EQT, which paid $1.3 billion for the New Zealand retirement village operator in 2020, is seeing if anyone wants at least a stake in the business? 

The Australian media outlet reported the investment bank is approaching potential buyers of the business, which owns and operates 37 retirement villages in New Zealand. 

It has been reported that EQT, which owns Levande, the former retirement village business of Stockland, has been keen to offload Metlifecare for some time.  

Browse the #1 website villages.com.au and check availability for all retirement living and land lease resorts    

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