Metlifecare Buys Out 2 Retirement Village Owners for $92 Million

New Zealand-based retirement village operator Metlifecare (NZX:MET) has agreed to buy rivals Vision Senior Living and Private Life Care Holdings and their combined eight villages for about $116 million ($92 million U.S.D.).  “The merger will strengthen Metlifecare’s presence in the key Auckland retirement village market and ensure that the company continues to compete strongly in […]