Friday, 16 October 2015 11:21

Deal attracts support

Written by 

Most shareholders are speaking in support of Silver Fern farms' deal with Chinese company Shanghai Maling.

At least six shareholders spoke in favour of the deal; only one spoke against at its annual meeting in Dunedin today.

Shareholders welcome the extra capital that Shanghai Maling will inject into the company; it will put $261 million in return for a 50% stake in the co-op.

Shareholders are expected to back the deal.

More like this

Featured

National

Machinery & Products

» Latest Print Issues Online

The Hound

Half A Brain

OPINION: When Donald Trump returned to the White House, many people with half a brain could see the results for…

Inconvenient Truths

OPINION: Media trust has tanked because of what media's more woke members do and say.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter