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Wakefield Health mails out bid for Norfolk

NZPA

Wednesday 20th July 2011

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Wakefield Health has formally made a takeover offer for Norfolk Investments, which has a 60 percent stake in the Grace Hospital in Tauranga.

The offer price of $3.80 for each Norfolk share values Norfolk at $24.23 million.

Wakefield said it had sent offer document to Norfolk shareholders today.

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