National Mail New Zealand Limited
Transaction Type: Takeover (Full)
Offeror: Paul Ernest Meier
Independent Adviser(s): Ferrier Hodgson & Co (Rule 21)
Offer dispatch date: 13/08/2001
Offer closing date: 14/12/2001
On 27 July 2001 National Mail New Zealand Limited (NMNZ) received a takeover notice from Paul Ernest Meier stating that Mr Meier would make a full offer for all voting securities in NMNZ for a purchase price of 7 cents per share. Mr Meier had been CEO of NMNZ since 27 March 2001.
The offer was made on 13 August 2001, and at the closing date Mr Meier held or controlled 80.71% of shares in NMNZ.