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MFS extends options to buy NZ assets
Wednesday 9th of January 2008
The option to purchase these assets was due to expire on December 31, 2007, but has now been pushed out to September 30, 2008.
Jason Maywald, head of MFS NZ, said the "market timing was not right" to exercise the option although the businesses covered by the offer remained a good strategic fit for the firm.
"Those businesses have undergone a significant restructure and reorganisation...
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