Honey product manufacturer and exporter Comvita has been
under pressure from short supplies but remains confident it
can boost second-half earnings to better last year's $95.9
The hostile $71 million takeover bid by Singaporean food
giant Cerebos for listed New Zealand honey-based product
manufacturer Comvita has lapsed.
Shareholders in New Zealand honey products company Comvita
have 45 days to consider a hostile $71.6 million bid by
Singapore-based food giant Cerebos.
The hostile $71.6 million takeover bid for honey-based
manufacturer Comvita has seen a sustained gain in its share
value, elevated well beyond the $2.50 offer from the
Singaporean-based food manufacturer, Cerebos.
Natural healthcare company Comvita has posted a more than
six-fold improved profit for the year, defying a global
economic downturn and shrinking debt.
Submit your news & photos - Login or
Opinion? Have your say - Login or Register
event or notice
Add a photo
Make ODT my
Otago Daily Times print and digital edition, The
Star - Dunedin, The News - Central Otago, The
Ensign - Gore, Southland Express -
Invercargill, The Courier - Timaru, Queenstown Times - Queenstown, Mountain Scene -
Queenstown, Extra! schools publication