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VetPartners concludes takeover of National Veterinary Care

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VetPartners concludes takeover of National Veterinary Care

VetPartners Pty. Ltd. Ltd. completed its acquisition of National Veterinary Care Ltd.

New South Wales, Australia-based VetPartners, a privately owned veterinary clinic operator, paid National Veterinary Care shareholders A$3.70 per share in cash. VetPartners now owns all of National Veterinary Care's shares.

With the scheme of arrangement taking effect, Susan Forrester, Tomas Steenackers and Kaylene Gaffney left National Veterinary Care's board. John Burns, Brett Hodgkin and Shane Matthews took over as directors.

Queensland, Australia-based National Veterinary Care will apply for the delisting of its shares from the ASX. The last day of trading in the company's shares was March 25.

Completion of the deal comes after it received a green light from the Supreme Court of Queensland in March.