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Metlifecare Completes Merger

Metlifecare Completes Merger

Metlifecare has today completed the merger with Vision Senior Living and Private Life Care Holdings, which was approved by shareholders at a special meeting on 21 June 2012.

Metlifecare Chairman, Peter Brown, said: “Metlifecare is now one of New Zealand’s largest retirement village operators, with a strong development pipeline. Management’s immediate focus is on integrating the three organisations and realising the synergies. We will also focus on generating sustainable future value and returns for our shareholders.”

ENDS

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