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New Zealand's Arvida Group Agrees to $746 Million Takeover by Stonepeak, Aided by Goldman Sachs

Jul 21, 2024, 09:32 PM

New Zealand's Arvida Group has agreed to a $746 million takeover by investment firm Stonepeak. The deal values the aged care provider at NZ$1.24 billion ($745.74 million) excluding debt. Stonepeak will acquire Arvida Group for $1.03 (NZ$1.70) per share in a transaction worth $1.25 billion (NZ$2 billion). Goldman Sachs is aiding Stonepeak in this acquisition.

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Will Arvida Group's stock price increase by at least 10% by August 31, 2024, following the takeover announcement?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

No • 50%

Yes • 50%

Stock price data from financial markets or stock exchanges

Will New Zealand's regulatory authorities approve the takeover of Arvida Group by Stonepeak by October 31, 2024?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

No • 50%

Yes • 50%

Official announcements from New Zealand's Commerce Commission or other regulatory bodies

Will the takeover of Arvida Group by Stonepeak be completed by December 31, 2024?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from Arvida Group or Stonepeak, financial news sources like Bloomberg or Reuters

How many rival bids will be made for Arvida Group by September 30, 2024?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

2 rival bids • 25%

3 or more rival bids • 25%

No rival bids • 25%

1 rival bid • 25%

Official announcements from Arvida Group, Stonepeak, or other investment firms, financial news sources like Bloomberg or Reuters

What will be the ownership structure of Arvida Group by December 31, 2024?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

Joint venture with another investment firm • 25%

Fully owned by Stonepeak • 25%

Ownership structure unchanged • 25%

Partially owned by Stonepeak with minority stakeholders • 25%

Official announcements from Arvida Group or Stonepeak, financial news sources like Bloomberg or Reuters

What will be the percentage change in Arvida Group's stock price by December 31, 2024?

New Zealand•Arvida Group•Stonepeak•Goldman Sachs

Resolution / Starting Odds

Decrease • 25%

Increase by more than 20% • 25%

Increase by 10-20% • 25%

Increase by less than 10% • 25%

Stock price data from financial markets or stock exchanges