RaboResearch sees positives in Alliance–Dawn Meats deal
RaboResearch, the research arm of specialist agriculture industry banker Rabobank, sees positives for the Alliance Group in its proposed majority-stake sale to Ireland's Dawn Meats.
This follows the launch last week of the Sustainable Agriculture Finance Initiative (SAFI) guidance.
ASB, ANZ, BNZ, Rabobank and Westpac, and the Ministry for Primary Industries (MPI) joined forces in early 2020 to develop the SAFI guidance, to improve the flow of sustainable finance to New Zealand’s agricultural sector.
The SAFI guidance is intended to support a framework, from the finance sector, for integrating sustainability considerations into funding for New Zealand’s agricultural sector.
