Metrofile Holdings Limited (JSE:MFL) said it received another acquisition offer as plans for a buyout from a US private equity firm stalled due to Covid-19. Metrofile is in the middle of a takeover by Housatonic Partners, which made an offer in the second half of 2019. Given the Covid-19 crisis, Housatonic Partners wanted assurances that Metrofile is trading well in a distressed economy. This process has been delayed due to travel restrictions that mean the potential buyers are still not able to travel to SA. Despite this, Metrofile told shareholders on December 15, 2020 that Housatonic's consortium "has assured the company of its wish to continue with the possible transaction for the acquisition of Metrofile". Metrofile said it has a separate offer from another international player and is still assessing the merits of the "unsolicited approach . which is preliminary in nature".